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Merkel: 'every day' counts for Greece's austerity steps German Chancellor Angela Merkel on Sunday warned that "every day" counts in efforts by debt-wracked Greece to comply with its commitments and safeguard its eurozone membership.
28 August 2012
Photo courtesy of socialisme.nu Berlin douses hopes of quick euro crisis fix Germany on Monday dampened hopes for powerful action from the European Central Bank to fix the euro crisis and slapped down speculation of an immediate breakthrough on debt-wracked Greece.
21 August 2012
©REUTERS Kazakhstan’s gross foreign debt as of March 31, 2012 stood at $129.3 billion According to Mr. Marchenko, the debt of the Government and the National Bank make up 4% of the overall debt figure, that is $5.2 billion.
26 July 2012
Photo courtesy of theaustralian.com Euro falls to lowest against yen in over a decade The euro tumbled below 95 yen for the first time in almost 12 years on Monday as dealers rushed to the safe-haven Japanese unit owing to growing fears about Spain's debt crisis.
23 July 2012
Photo courtesy of fanpop.com Manchester United plays for dollars in US IPO Storied British football club Manchester United, overloaded with debt since their takeover by a billionaire American family of investors, is moving to raise cash through a US share sale.
05 July 2012
Photo by Yaroslav Radlovskiy© BTA Bank started negotiations over restructuring of its debts BTA is expecting arrival of the creditors commission in Almaty for a meeting to discuss results of due diligence next week.
18 June 2012
Kazakhstan ranked 88th in debtors rating Around $7,422 of the state debt falls on each Kazakhstan citizen.
30 May 2012
Kazakhstan Finance Minister Bolat Zhamishev. Photo by Danial Okassov© Finance Minister named Kazakhstan's debtors Kazakhstan considers Georgia, Belarus and Turkmenistan its debtors.
21 May 2012
©RIA Novosti Kyrgyzstan will pay gas debts to Kazakhstan by end of spring Kyrgyzstan is promising to pay $2 million of gas debts to Kazakhstan in hopes for a new fuel supplies contract.
16 May 2012
Kazakhstan owes over $300 million to Seychelles Kazakhstan owes $32 million to Grimsey island. There are Cayman Islands and Seychelles; Kazakhstan owes them over $300 million: Majilis deputy.
15 May 2012
Photo by Yaroslav Radlovskiy© BTA Bank files debt restructuring plan to Almaty court BTA Bank has presented a plan of debts restructuring to Almaty court.
03 May 2012
BTA Bank. Photo courtesy of vesti.kz BTA Bank suspends payments on bonds BTA Bank announced suspension of all payments in relation to its restoration bonds.
24 April 2012
©RIA Novosti Kazakhstan will suspend gas supplies to Kyrgyzstan on May 1 Kazakhstan is going to stop gas supplies to Kyrgyzstan for debts.
17 April 2012
President Nursultan Nazarbayev. Vladimir Dmitryev © President Nazarbayev urges to stabilize BTA and Alliance Banks following debt restructuring He emphasized that threats to the global economy and limgering Eurozone problems may have their effect on the country’s financial system.
11 April 2012
Chairman of Samruk-Kazyna National Welfare Fund Umirzak Shukeyev. Photo by Yaroslav Radlovskiy© BTA is our bank and we will support it: Shukeyev Chairman of Samruk-Kazyna National Welfare Fund commented the statements of bankers about the future of BTA Bank.
09 April 2012
Chairman of the Board of BTA Bank Anvar Saidenov. Photo by Vladimir Dmitriyev© Anvar Saidenov hopes for fast restructuring of BTA Bank BTA confirmed its intention to restructure obligations on senior unsecured and junior bonds for the total amount of $3.5 billion.
31 January 2012
©Yaroslav Radlovsky BTA shareholders failed to reach any decision on second debt restructuring BTA announced its plans of the second debt restructuring in December 2011. Its main shareholder – Samruk-Kazyna Sovereign Wealth Fund – voiced its support to the proposed debt restructuring.
26 January 2012
Photo courtesy of novinite.com Kazakhstan's external debt made $124 billion Kazakhstan’s external debt is $124 billion: Finance Vice-Minister.
24 January 2012
Photo courtesy of vesti.kz Kyrgyzstan’s debt to Kazakhstan for gas supplies standing at $5 million Kazakhstan supplies gas at $224 per thousand of cubic meters.
19 January 2012
Photo courtesy of  vesti.kz Samruk-Kazyna and National Bank refute possible merger of BTA with another bank Last week a number of media had reported that BTA might merge with another large bank.
18 January 2012
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