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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…

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EECC 2015 Vilnius Conference : Book Now!

WASHINGTON (AP) — World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and a potential Greek debt default presents the most immediate risk. After finance officials wrapped up three days of talks, the International Monetary Fund's policy committee set a goal of working toward a "more robust, balanced and job-rich global economy" while acknowledging growing risks to achieving that objective.... ATHENS (Reuters) - Greece aims for a deal with its creditors over a reforms package but will not retreat from its red lines, the country's deputy prime minister told the Sunday newspaper To Vima, not ruling out a referendum or early polls if talks reach an impasse. Cyprus passed insolvency laws with foreclosure rules sought by creditors as a condition for extending more loans to the country. IMF meeting overshadowed by renewed fears about the risk of a Greek debt default Greece will need to tap all the remaining cash reserves across its public sector – a total of two billion euros – to pay civil service wages and pensions at the end of the month, according to Finance Ministry officials. Barring a last-ditch deal with its creditors, that would leave no money to repay the International Monetary Fund almost €1 billion due in the first half of May. Athens’ scramble for basic funds shows how extreme the financial constraints on Greek Prime Minister Alexis Tsipras have become... One would think by now the debate has been resolved on which economic model created a better recovery from this Great Recession or Lessor Depression, as P Krugman has called it. But no, Germany's Finance Minister Wolfgang Schauble keeps pounding the drum for his, and the eurozone's failed austerity policies. And this is happening with a new Hitler looming on Europe's border who is taking advantage of their weakness and threatening to repeat its history. "The financial crisis broke out seven years ago and... WASHINGTON, April 17 (Reuters) - The Obama administration on Friday urged Greece to move quickly with technical negotiations aimed at reaching agreement on bailout terms with the International Monetary Fund and European Union, saying a failure to strike a deal could hit the global economy. With creditors playing hardball and the leftwing of the ruling Syriza party determined not to compromise, Athens needs fresh help to avoid default State-owned company Hidroelectrica, Romania’s largest electricity producer, currently in bankruptcy, sold at the end of March three micro hydropower plants from a total of 33 units auctioned for RON 5 million (EUR 1.1 million).    One of the hydropower plants was bought by Three Pharm in Targu Mures for RON 1.4 million (EUR 320.000), while the other two units were purchased by the Italian company Geo Service Italia for RON 3.6 million (EUR 820.000), according to Mediafax. Three Pharm was founded in 1994... July 2017 debt at highest yield since restructuring
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