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INSOL International Graduates

INSOL International is pleased to announce the sixth graduating class of the Global Insolvency Practice Course. The successful participants are now formally recognised as a Fellow, INSOL International.

Berlin Congress 2015 Registration Now Open

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Academic Forum Joint Insolvency Conference Nottingham 2015 - Registration Now Open

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New Insolvency Office Holders forum launched

During INSOL Europe’s AGM at the Annual Congress in Istanbul (October 2014), Catherine Ottaway (INSOL Europe’s President at the time) announced the decision to create a new forum focused on insolvency…

News
It is probably best to start this commentary with the statement made by an analyst in the last few days, that whatever one says or writes today in relation to the Greek sovereign debt issue may well be totally off the mark by tomorrow. This is because every day has brought its surprises, new positions being taken by both the creditors and the Greek government. This has been so evident from the reactions on the financial markets. The losses experienced on June 29 (the first day the markets opened after... ONE OF Greece’s official creditors has acknowledged that the country needs debt relief, but only due to the choices of its current leadership elected in January. The International Monetary Fund (IMF) said yesterday that Greece would need more than €50bn (£36bn) in financing by the end of 2018, as well as a doubling in the length of time it has to pay its current loans back. Yet one expert said that the IMF’s recommendation would be too much for rest of the Eurozone, Greece’s biggest creditor, to accept.... LONDON (AP) — Forgiving debt, if done right, can get an economy back on its feet. The International Monetary Fund certainly thinks so, according to a new report in which it argues Greece should get help. But Germany, another major creditor to Greece, is resisting, even though it knows better than most what debt relief can achieve. After the hell of World War II, the Federal Republic of Germany — commonly known as West Germany — got massive help with its debt from former foes. Among its creditors then?... While Yanis Varoufakis is threatening to quit his job if the Greeks accept creditors' proposals for a bailout deal in Sunday's referendum, one Eurozone finance minister is building stronger ties than ever with his country.    *Read more: *Greek finance minister Yanis Varoufakis: "We will not accept a one per cent primary budget surplus"   Today, Wolfgang Schäuble won the approval of 70 per cent of the German public in a survey carried out by national broadcaster ARD – an impressive feat for a politician... Greece needs a comprehensive debt restructuring by the eurozone and additional bailout cash of more than 60 billion euros ($66.6 billion) through 2018 to return to financial health, the International Monetary Fund said on Thursday. EU creditors and ministers are seeking to punish Greece’s leftist government for daring to challenge “economically deluded” and inhumane austerity policies, Green Party MP Caroline Lucas has said. Read Full Article at RT.com Greece’s Finance Minister Yanis Varoufakis has pledged to resign if Greeks voted ‘Yes’ in Sunday’s referendum on the country’s bailout. He also said he would “prefer to cut my arm off” rather than sign the current deal with Greece’s creditors. Read Full Article at RT.com President of Ukraine Petro Poroshenko has signed a law ratifying the Memorandum on macro-financial assistance of up to €1.8 billion from the EU to Ukraine as the country desperately tries to save its ailing economy from default. Read Full Article at RT.com With less than 72 hours left to Sunday’s bailout referendum in Greece, a poll suggests that the majority of Greeks would support the creditors’ proposals for comprehensive structural reforms in return for fresh bailout money. A GPO poll of 1,000 people conducted on Tuesday and cited by euro2day.gr showed support for the bailout at 47.1% and opposition at 43.2%. The rest of those polled were either undecided or planned not to vote. With the margin of error in the GPO poll set at +/- 3.1 percentage points,... Bailing out Greece for another three years will cost €52bn, the International Monetary Fund (IMF) said today, as Greeks prepared to vote on reform proposals by the country's creditors. A new debt sustainability analysts by the IMF showed interest payments will cost €4.9bn over the next 12 months, rising to €17.2bn over the next three years.  In a rather snarky aside, it added: "If the [austerity] programme had been implemented as assumed, no further debt relief would have been needed."  "At the time of...
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