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Bank Retreat on Shipping Seen Filled by Private Equity: Freight - BusinessWeek


Bank Retreat on Shipping Seen Filled by Private Equity: Freight
BusinessWeek
“The small tanker segment is in need of consolidation as it is very fragmented.” Oaktree on November 17 agreed to invest $175 million in General Maritime Corp., owner of 30 crude oil and petroleum product tankers, and convert its senior secured debt ...

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Answering the German bond question - MarketWatch


Malaysia Star

Answering the German bond question
MarketWatch
That low cost advantage will begin to evaporated if the debt spigot is turned on. Germany is due to hold a general election in September 2013, and already an observer can see stark differences between the current ruling Christian Democrats (CDU) and ...
No Time for Merkel to Recharge Batteries at HomeWall Street Journal (blog)

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Beyond austerity: how to achieve growth without loosening the reins on debt ... - European Parliament (press release)


Beyond austerity: how to achieve growth without loosening the reins on debt ...
European Parliament (press release)
Dutch Christian-Democrat Corien Wortmann-Kool warned that growth cannot come at the expense of fiscal consolidation: "Our economic growth should be based on solid foundations and it is time to deal with our deficits.

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G8: Everyone Decides on Growth and Austerity Measures by Themselves - euinside.eu


euinside.eu

G8: Everyone Decides on Growth and Austerity Measures by Themselves
euinside.eu
Although the leaders announce growth and employment as their imperative, they expressly state that this should not come at the expense of fiscal consolidation but in parallel to it. The same gets unambiguously clear also by the statement of the ...

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Merkel Resists G-8 Spending Pressure as Soccer Breaks the Ice - Bloomberg


Merkel Resists G-8 Spending Pressure as Soccer Breaks the Ice
Bloomberg
German Chancellor Angela Merkel agreed to shift the euro area's debt-crisis response toward economic growth, avoiding a showdown with her partners as the US prods Europe to stem more than two years of market turmoil. With French President Francois ...

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