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Economy

Government bonds under pressure: Is the next euro crisis now threatened?

Interest rates are rising and fears of a debt crisis are growing. The biggest risk is France. Who needs a home loan, feels the consequences already now.

Updated: 1 min read deublitz newsroom
Government bonds under pressure: Is the next euro crisis now threatened?

Interest rates are rising and fears of a debt crisis are growing. The biggest risk is France. Who needs a home loan, feels the consequences already now.

Source: Zeit Online ›

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Thames Water creditors secure former Labour minister to drive rescue deal
Economy

Thames Water creditors secure former Labour minister to drive rescue deal

Stricken UK water supplier lines up John Hutton as independent chair designate if takeover goes aheadThe group of Thames Water creditors pursuing a £10bn rescue deal for Britain’s largest water supplier has lined up a former senior Labour minister to chair the company, as it tries to win over the government.The creditor consortium, called London & Valley Water, said on Tuesday that Lord John Hutton had been selected as independent chair designate of the Thames Water board, if the consortium’s takeover of the utility goes ahead. Continue reading...

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