private debt

Greek Parliament's Budget Office issued its quarterly report on Monday. The report signals a warning regarding the explosion of Greece's private debt that is nearing the levels of public debt in the country. The report states: "Without a doubt,...

There is a steep Greek debt in private loans in comparison with the country's GDP, the Greek newspaper Kathimerini reports. According to the news source, as they break it down the numbers are staggering. The amount that totals in expired private...

Greece is on the brink of bankruptcy as private debt is higher than gross domestic product and rising, says a Greek Money report. Private debt is higher than GDP and if the state debt is added to the equation, the...

The Troika of Greece’s creditors managed to reach an agreement with the Greek government today, that a comprehensive 'overall solution' will be sought on the issue of debt, held by banks and the state, and social insurance funds. The meeting was attended by ministers,...