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Government Debt

A collection of news and information related to Government Debt published by this site and its partners.

Top Government Debt Articles

Displaying items 12-22
  • Euro zone's debt rises in first quarter, set to peak this year

    BRUSSELS (Reuters) - Euro zone public debt rose to 93.9 percent of economic output in the first quarter of this year, approaching the peak it is expected to reach later in 2014, official data showed on Tuesday. Government debt of the 18 countries sharing...
  • European Union debt levels rise, ending two quarters of declines

    BERLIN Government debt in the European Union edged up in the first three months of the year following gains in nations at the center of the region's financial crisis, data released Tuesday showed. Public debt in the 18-member currency bloc climbed from...
  • L.A. officials reach 1-year contract deal with police officers' union

    Los Angeles city officials have reached a tentative one-year salary agreement with the police officers' union that dramatically expands cash payments for overtime while avoiding raises for most workers, according to a source familiar with the proposed...
  • Jane C. Newman, 1945-2014

     Jane C. Newman, 1945-2014
    Jane C. Newman was a physical education teacher at Wiesbrook Elementary School in Wheaton at a time when budget cuts were prompting district administrators to consider reducing or eliminating gym classes. Mrs. Newman held strong views about the value of...
  • Lake Zurich approves tax hike, budget cuts

    Lake Zurich approves tax hike, budget cuts
    Lake Zurich officials hope the combination of a new utility tax for residents along with $609,000 in budget cuts will help close the town's $1.6 million budget deficit in the upcoming fiscal year. The gas and electric rate was originally scheduled to...
  • Budget cutbacks spurring defense mergers

     Budget cutbacks spurring defense mergers
    With protracted federal budget cuts at the Pentagon and NASA on the horizon, aerospace companies across the nation are choosing to combine forces as they vie for fewer dollars and brace for the tough times ahead. In the first quarter of this year, there...
  • All government entities need to budget the way businesses do

    Cook County wouldn’t have to restructure pensions if it had paid pensions yearly along with other current employment expenses. Worsening the situation, the county hid pension debt from employees and taxpayers until the problem became too large to...
  • State budget deal emerges

    State budget deal emerges
    RICHMOND - A potential budget deal emerged Monday after the surprise resignation of a Democratic state senator. The plan, as described by Senate Republicans involved in the negotiations, is for the Senate Finance Committee to meet Thursday morning. It...
  • Budget cuts would threaten nursing homes

    We speak on behalf of those living in nursing homes, those receiving in-home care and those seeking health care services in hospitals. They are among our greatest assets. They built our state. They’re folks who started businesses, raised families,...
  • After painful cuts, Portugal set to exit Eurozone bailout

    After painful cuts, Portugal set to exit Eurozone bailout
    Three years after it was forced to seek a humiliating international rescue, Portugal is set to become the latest Eurozone country Saturday to exit its bailout program and regain control of its finances amid a halting economic recovery. At the order of...
  • Analyst predicts $2.5-billion windfall for California

    California's income will be about $2.5 billion higher than Gov. Jerry Brown predicted in his latest budget, according to the Legislature's top financial advisor — surprise cash that Democratic lawmakers will almost certainly use to challenge the...