greece (3)


Let’s consider the facts.
The current disagreement is over whether Greece’s creditors will release another bailout installment to pay… Greece’s creditors.

From a strictly financial perspective, this is highly problematic. Were a bank take a similar approach, it would have to give explanations to the regulators. This is called ever-greening – give the client funds to pay you back, and that way you can pretend that the loan is on schedule. If the creditors fail to disburse the next “bailout” paymen

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SME's Stand Their Ground, Get The Loan

8028226891?profile=originalTerrific piece on SME lending in yesterday's Irish Independent.

More than half of all lending decisions appealed to the Credit Review Office by small and medium enterprises (SMEs) are overturned. This is a good lesson for SME's to be persistent in the face of rejection. SME's that can show confidence in their business prospects and demonstrate a creditworthiness can turn a negative decision into a green light. The key to this happy reversal of fortune is being able to provide evidence of creditwo

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Are we seeing ghosts everywhere or is something ugly going on indeed? Take a look to some of the current debates, concerns and questions about Greece, US and China, and imagine how it all could play out.

Greece: Austerity measures and new bailout package

Last week, Greece’s Prime Minister George Papandreou won approval to his 78 billion-euro package of budget cuts and asset sales, key to receive the fifth instalment of 110 billion-euro bailout in 2010. This despite of the boiling public anger and
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