Beginning in January 2010, the world was shocked by the potential debt crisis in Europe. The average public debt in the 16 EU member states 84 percent of gross domestic product or GDP in 2010. That’s well above the maximum limit of public debt according to the Stability and Growth Pact, which is 60 per [...]
Automotive Credit Bank Niaga Grow 25 Percent
-made automotive sector as one of the focus in credit growth in 2010. That’s because the credit is always the automotive sector grew significantly in recent years. Per 30 September 2009, for example, the number of loans that have been disbursed for a motor vehicle loans Rp 7.5 trillion, an increase of 25 percent compared [...]
Quickest Ways to Borrow Money
A payday advance is a very popular way to get a quick loan. A payday advance is an unsecured loan that can be paid back usually within a short period of time, such as a month. Many online companies can offer such loans, as they are often considered to be the easiest way to borrow [...]
World Bank Concerned About Increase in Interest Rates
World Bank worried about rising interest rates could trigger rapid inflation and slow economic recovery, especially in Europe and the United States (U.S.). “It’s the same as waiting for the bubble burst and then clean it and after it will be a new lesson is not expected,” said World Bank President Robert Zoellick in an [...]
