Sovereign debt

In this photo taken on Thursday, March 1, 2018, Giuseppe Conte, right, shakes hands with leader of the Five-Star Movement, Luigi Di Maio, during a meeting in Rome. Italy edged toward its first populist government Monday as the eurosceptic 5-Star Movement and the right-wing League indicated a 54-year-old law professor with no political experience as their candidate for premier. Neither 5-Star leader Luigi Di Maio nor League leader Matteo Salvini named Giuseppe Conte in brief remarks to reporters after leaving a closed-door meeting with President Sergio Mattarella in what could be final consultations before forming a government 11 weeks after elections left Italy with a hung parliament. But, in a breach of protocol, Di Maio identified Conte to reporters outside the Quirinale presidential palace and posted his name on the movement’s popular block. (AP Photo/Alessandra Tarantino)
May 21, 2018 - 3:52 pm
ROME (AP) — With Europe and markets watching anxiously, Italy edged toward its first populist government Monday as the euroskeptic 5-Star Movement and the right-wing League identified a 53-year-old law professor with no political experience as their pick to become the country's next premier. Five-...
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Five-Star Movement leader Luigi Di Maio talks on the phone as he leaves the lower house of parliament, at the end of his meeting with League leader Matteo Salvini, in Rome, Thursday, May 17, 2018. Italy's two populist leaders are brushing off fears in Brussels and the markets over the outlines of their possible government, and are insisting they are close to a deal designed to help ordinary Italians. (Angelo Carconi/ANSA via AP)
May 18, 2018 - 1:22 pm
MILAN (AP) — Italian financial assets were hit hard Friday after the anti-establishment 5-Star Movement and the right-wing League party unveiled a program that could clear the way to Italy's first populist government. The platform includes a rollback on pension reform, a minimum salary for...
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An elderly man passes by homeless men in Athens, Monday, April 23, 2018. Greece has beaten its bailout budget targets for a third successive year and eased its massive debt burden by a fraction as the country prepares to exit its international rescue program in four months. (AP Photo/Thanassis Stavrakis)
April 23, 2018 - 9:14 am
ATHENS, Greece (AP) — Greece as beaten its budget targets for a third year and trimmed its massive debt burden, according to data released Monday. But economic growth was just short of matching the level of 2014, before its last recession. As the country prepares to exit its international bailout...
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Lebanese Prime Minister Saad Hariri, left, and French Foreign Minister, Jean-Yves Le Drian attend an international conference in Paris, Friday, April 6, 2018. France is holding an international conference devoted to debt-ridden Lebanon to bring in funds and lay groundwork to ensure money is well spent. (AP Photo/Michel Euler)
April 06, 2018 - 12:09 pm
PARIS (AP) — International donors pledged $11 billion in loans and grants Friday to help debt-ridden Lebanon at a conference in Paris that also sought to ensure the money is well spent in a country hit hard by the Syrian war next door. French President Emmanuel Macron praised the international...
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FILE - In this April 11, 2011 file photo, Peter G. Peterson, Chairman of the Peter G. Peterson Foundation, attends a meeting of the Economic Club of New York. Peterson's family says the executive and philanthropist who argued passionately that the U.S. must reduce its national debt has died of natural causes. He was 91 years old. (AP Photo/Mark Lennihan, File)
March 20, 2018 - 2:59 pm
NEW YORK (AP) — Peter G. Peterson, a billionaire and business executive who became one of the most prominent voices to argue for entitlement reform and reducing the U.S. national debt, died of natural causes early Tuesday, his family said. He was 91. Born in the small town of Kearney, Nebraska, to...
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In this photo taken Tuesday, Feb. 20, 2018, a small island is seen above and below the water in the Seychelles. The tiny island nation of the Seychelles is announcing a pioneering marine conservation plan as part of a debt swap deal with creditors, designating nearly a third of its ocean waters as protected areas and aiming to ensure its unique biodiversity. (The Ocean Agency via AP)
February 23, 2018 - 3:26 am
CURIEUSE ISLAND, Seychelles (AP) — With deep blue waters, white sand beaches and rich marine life, the tiny island nation of the Seychelles is announcing a pioneering marine conservation plan as part of a debt swap deal with creditors. In an agreement described as the first of its kind, the Indian...
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In this Wednesday, Feb. 7, 2018, photo, Conor Lamb, the Democratic candidate for the March 13 special election in Pennsylvania's 18th Congressional District, talks about his campaign at his headquarters in Mount Lebanon, Pa. A Pennsylvania congressional race offers an early test of Democrats’ and Republicans’ arguments over the new tax law. (AP Photo/Keith Srakocic)
February 10, 2018 - 12:03 pm
NORTH HUNTINGDON, Pa. (AP) — In southwest Pennsylvania, Democratic congressional hopeful Conor Lamb hammers the new Republican tax law as a gift to corporations and the wealthy that will add to the national debt and give the GOP-led Congress an excuse to gut Social Security and Medicare. Rick...
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House Speaker Paul Ryan of Wis., center, leaves the podium as he turns toward Rep. Mac Thornberry, chairman of the Armed Services Committee, left, after a news conference, Thursday, Feb. 8, 2018, on Capitol Hill in Washington. The Republican-led Congress on Thursday was rounding up support for a bipartisan budget bill that would put the government on track for annual deficits topping $1 trillion, a gap last seen toward the end of Obama's first term. (AP Photo/Jacquelyn Martin)
February 08, 2018 - 6:33 pm
WASHINGTON (AP) — Republicans rode the tea party wave to power eight years ago on a message of fiscal responsibility and attacking budget deficits, and kept at it during President Barack Obama's two terms. That was then. The Republican-led Congress on Thursday was rounding up support for a...
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A man walks past the Athens University with the statue of Greek national hero Rigas Fereos in central Athens, on Thursday, Feb. 8, 2018. Greece has launched a seven-year bond auction, in the first major step this year toward a return to the markets. The country's third successive bailout, funded by other Eurozone countries, ends this August. (AP Photo/Petros Giannakouris)
February 08, 2018 - 2:34 pm
ATHENS, Greece (AP) — Investors bought strongly Thursday into a bond issue designed to help wean Greece off its international bailouts, in what officials see as an endorsement of efforts to right the country's battered economy. Officials said Greece raised about 3 billion euros ($3.7 billion) from...
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President Donald Trump joined by Senate Majority Leader Mitch McConnell of Ky., Vice President Mike Pence, Speaker of the House Paul Ryan, R-Wis., and other members of Congress, speaks during an event on the South Lawn of the White House in Washington, Wednesday, Dec. 20, 2017, to acknowledge the final passage of tax overhaul legislation by Congress. (AP Photo/Carolyn Kaster)
December 20, 2017 - 11:50 pm
WASHINGTON (AP) — The Latest on Congress and sweeping tax cut legislation (all times local): 7 p.m. House Republican leaders are struggling to unite the GOP rank and file behind a temporary funding measure that's needed to prevent the government from shutting down at midnight Friday. Republicans...
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