Posts Tagged ‘plan’

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EU working on “Brady plan” for Greece – report

EU working on “Brady plan” for Greece – report
The EU the IMF and the ECB are working on a solution to reduce Greece’s debt along the lines of the Brady plan which rescued Latin America from bankruptcy in the 1980s Greek newspaper To Vima reported on Saturday.

Read more on Reuters via Yahoo! UK & Ireland News

McInerney rescue plan refusal to be reviewed

McInerney rescue plan refusal to be reviewed
The High Court has agreed to review its decision to refuse approval for a rescue plan for two companies in the McInerney construction group.

Read more on RTE News

Mass. plan seeks tax credits for video game makers

Mass. plan seeks tax credits for video game makers
THE ASSOCIATED PRESS

Read more on The Standard-Times

Deal sets up payment plan to retire debt

Deal sets up payment plan to retire debt
Deal sets up payment plan to retire debt

Read more on Atlanta Journal-Constitution

Egypt stimulus plan worth up to $3.4 billion: finmin

Egypt stimulus plan worth up to $3.4 billion: finmin
By Marwa Awad

Read more on Reuters via Yahoo! Singapore News

Tax-cut plan eases pressure on Bernanke and Fed

Tax-cut plan eases pressure on Bernanke and Fed
WASHINGTON — The Federal Reserve last month absorbed a wave of criticism for announcing it will buy $600 billion in Treasury bonds to try to revitalize the economy. It won’t help, critics said.

Read more on Washington Post

EU formally adopts Irish bailout plan

EU formally adopts Irish bailout plan
EU finance ministers formally adopted Ireland’s 85 billion euros bailout plan on Tuesday.

Read more on Brisbane Times

Cuts in spending, more taxes part of deficit plan

Cuts in spending, more taxes part of deficit plan
The White House deficit commission unveiled a plan to cut $4 trillion in red ink over the next decade, through painful cuts in spending and entitlements, a 15 cent gasoline tax and other revenue boosts.

Read more on Dallas Morning News

Ireland unveils 15 bln euro austerity plan to secure bailout

Ireland unveils 15 bln euro austerity plan to secure bailout
Ireland unveiled a 15-billion dollar austerity package Wednesday needed to secure an international bailout, slashing public sector pay, pensions and welfare but refusing to hike corporation tax.

Read more on AFP via Yahoo! News

Bernanke Hits Back at Critics of Bond Plan

Bernanke Hits Back at Critics of Bond Plan
Federal Reserve Chairman Ben Bernanke is seeking to defuse criticism of the Fed’s $600 billion bond-purchase plan by arguing that it’s needed to boost the economy and reduce unemployment. But he warns the Fed’s program can’t succeed on its own.

Read more on Fox News