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Secured Debt Relief News

Greek PM seeks backing for reforms, debt deal near

ATHENS (Reuters) - Prime Minister Lucas Papademos sought backing on Sunday from leading Greek party leaders for painful and unpopular reforms that the near-bankrupt country must negotiate now that a long-awaited debt relief deal seems almost secured. Attention is shifting to negotiations with Greece's international lenders who want proof that the Papademos coalition will take action on reforms ...

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Irish Government discusses consumer debt relief

The Irish government's proposals to tackle consumer debt will involve three distinct voluntary debt settlement arrangements and a three year bankruptcy regime, RTÉ News reports.

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Greece tries to revive debt relief deal

Greece's prime minister will hold new talks late Thursday with representatives of the country's private sector creditors on a debt writedown deal needed to avoid a potentially disastrous default this

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Debt and bankruptcy relief plan to benefit 30,000 homeowners

UP TO 30,000 homeowners could benefit following the publication of proposed legislation which will make it easier for banks to be compelled to offer debt forgiveness to people with unsustainable mortgages.

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Greek PM tries to win backing from parties for reforms

ATHENS (Reuters) - Greek Prime Minister Lucas Papademos met leaders of political parties in his coalition on Sunday to persuade them to back painful reforms demanded by the near-bankrupt country's foreign lenders.

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