Gulf Times - debt
Airline debt may balloon to $550bn by end-2020; debt to weigh down airline recovery: IATA

Airline debt may balloon to $550bn by end-2020; debt to weigh down airline recovery: IATA

The International Air Transport Association (IATA) released analysis showing that the airline industry’s global debt could rise to $550bn by the year-end.

Qatar's ability to fully service debt obligations remains strong: EIU

Qatar's ability to fully service debt obligations remains strong: EIU

Qatar's ability to fully service its debt obligations remains strong, although there will be an expected surge in the country’s fiscal financing needs, the Economist Intelligence Unit (EIU) has said in an update.

GIS restructuring, refinancing $1.3bn debt of fully owned subsidiary GDI

GIS restructuring, refinancing $1.3bn debt of fully owned subsidiary GDI

Gulf International Services (GIS) is in the process of restructuring and refinancing a total $1.3bn debt of its fully owned subsidiary – Gulf Drilling International (GDI) ...

Qatar public debt to GDP set to fall to 44.5% in 2024: FocusEconomics

Qatar public debt to GDP set to fall to 44.5% in 2024: FocusEconomics

Qatar’s public debt as a percentage of the country’s gross domestic product (GDP) will fall continuously over the next five years, from 52.9% this year to 44.5% in 2024, researcher FocusEconomics has said in a report.

EU sees Germany keeping budget surplus, Italy's debt to shoot up

EU sees Germany keeping budget surplus, Italy's debt to shoot up

The euro zone will restrain spending under draft budget plans submitted by the bloc's governments, the European Commission forecast on Thursday, despite calls to counter a worsening economic slowdown.

Qatar’s gross external debt to fall over medium term: IMF

Qatar’s gross external debt to fall over medium term: IMF

Qatar’s gross external debt, which is "sizeable" under the baseline, is projected to fall over the medium term, according to the International Monetary Fund (IMF).

Qatar’s public debt to fall gradually until 2023: FocusEconomics

Qatar’s public debt to fall gradually until 2023: FocusEconomics

Qatar’s public debt will fall gradually until 2023, FocusEconomics said, and estimated it to be at 51.2% this year, 48.9% (in 2020), 45.2% (in 2021), 42.3% (in 2022) and 39.3% (in 2023).

EU fires first shot in possible new clash over Italy debt

EU fires first shot in possible new clash over Italy debt

The European Commission wrote on Wednesday to the Italian government asking it to explain a deterioration in the country's public finances, a move that sets the stage for a possible legal clash ...

Crisis at India's Jet worsens as it grounds planes, faces strike

Crisis at India's Jet worsens as it grounds planes, faces strike

India's Jet Airways was fighting multiple crises Wednesday after grounding six planes, leaving it with only a third of its fleet flying, while pilots have threatened to walk out and a major shareholder ...

EU accuses 8 banks of forming eurozone bond cartel

EU accuses 8 banks of forming eurozone bond cartel

The EU's powerful anti-trust sheriff on Thursday accused eight banks of having conspired for several years to distort competition in the eurozone bond market.

Italy Senate passes revised budget after EU standoff

Italy Senate passes revised budget after EU standoff

The Italian Senate on Sunday passed a revised 2019 budget agreed after a tense standoff with Brussels which saw the populist government water down key measures.

Sri Lanka risks debt default, warns largest party

Sri Lanka risks debt default, warns largest party

Sri Lanka's largest party warned Tuesday that the island could default on its debt as Moody's slashed its credit rating and a bitter power struggle dragged into a fourth week.