Kazakhstan students owe billions to the state
Kazakhstan Financial Center is reclaiming the loans issued by the state in 1999-2005 in court.
Irish lawmakers vote to liquidate Anglo Irish Bank
Irish lawmakers voted through emergency legislation to liquidate the former Anglo Irish bank early Thursday, as part of a deal to ease the eurozone country's massive debt burden.
Samruk-Kazyna to exit BTA Bank, Alliance Bank and Temirbank: Nazarbayev
President stressed that several measures had been taken in the banking system to decrease the external debt and the process had to be continued.
Europe will get its money back says Bank of Greece
Greece will pay back the billions of euros of European aid it has received to fight its debt crisis, the head of the country's central bank told Germany's Sueddeutsche Zeitung.
US House Republicans back 3-month debt limit rise
Republicans proposed a three-month increase to the US debt ceiling Friday as they mulled breaking a protracted fiscal impasse, but warned any long-term deal would require Congress to pass a budget that cuts spending.
Bernanke urges Congress to lift debt ceiling
US Federal Reserve Chairman Ben Bernanke on Monday urged Congress to raise the nation's borrowing limit as Democrats and Republicans battle over the federal budget.
US grants injunction against legal action to Kazakhstan's BTA bank
The injunction issued by the Bankruptcy Court on January 3 blocks any enforcement of debts against the bank or its property in the U.S.
Kazakhstan’s gross foreign debt as of September 30, 2012 made up $134.9 billion
Foreign debt of the banking sector for the period from January to September 2012 fell down by 3.9% to $14.03 billion.
Britain urges bold G8 action on global economy
British Prime Minister David Cameron called on his fellow G8 leaders on Wednesday to start work now on agreeing "bold steps" to help boost global economic growth, ahead of a summit he will host in June.
US backs Argentina in debt restructring case
The US gave strong support to Argentina on Friday in the Latin American country's legal battle with hedge funds over the repayment of $1.3 billion to holders of defaulted bonds.
A chapter in BTA Bank's restructuring to close today, December 28
The issue of BTA Bank’s restructuring will be closed in Almaty financial court on December 28.
Gazprom to pay Kyrgyzstan's gas debts to Kazakhstan
Russian Gazprom, the new owner of KyrgyzGas, will pay Kyrgyzstan’s gas debts to Kazakhstan.
Belize PM says debt deal reached with creditors
Belize has reached a deal in principle with creditors to restructure about half of its unpaid debt after "long and arduous" talks, allowing the country to avoid default.
Christmas debt boons for Greece but risks remain
Greece opened its Christmas stockings early this year with an unexpected debt rating boon and European Central Bank support but analysts warn that risks remain in the troubled nation's fragile fiscal recovery.
EU leaders end year on high with Greece, bank deals
EU leaders put a crisis-hit year behind them at the last summit of 2012 Friday, trumpeting hard-fought deals on Greece and banks but seemed to row back on reforms to fix the euro's shortcomings.
EU on verge of bridging pre-summit gulf on banks watchdog
European governments argued through the night in a bid to agree a deal on tightening the oversight of eurozone bank, hours before leaders stage on Thursday their final summit of a gruelling third year in debt-crisis mode.
S. Korea urges North to spend on debt, not missiles
South Korea on Friday urged North Korea to repay millions of dollars in debt related to past food aid, and slammed the regime in Pyongyang for squandering scant resources on long-range missile tests.
US court gives Argentina new break on debt payment
A New York appeals court on Tuesday rejected a motion by hedge funds to force Argentina to make a security deposit as Buenos Aires seeks to overturn an order that it repay $1.3 billion to holders of defaulted bonds.
Greece launches bond buyback programme
Greece's PDMA national debt agency said on Monday it had begun a voluntary buyback of the country's bonds at heavily discounted prices, a condition for receiving its latest instalment of EU-IMF bailout funds.
IIF says Greek debt buyback must be 'voluntary'
A powerful international bank lobby warned Thursday that the outcome of Greece's looming debt buyback program remains uncertain and warned that it must be "purely voluntary."
