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France Fesses Up: "Deficit in 2014 Much Higher than Expected", Budget Needs Revisions Yet Again

MishTalk

For example, please consider this Reuters September 2014 headline: France Breaks 2015 Deficit-Cutting Promise. France announced on Wednesday it was breaking the latest in a long line of promises to European Union partners to cut its public deficit, conceding it now would take until 2017 to bring its finances in line with EU rules.

Finance 72
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Japan Finance Minister Seeks Record Debt Servicing on Interest on National Debt; What's Next?

MishTalk

Be prepared for more stories like this because they are surely coming: Japan MOF to seek record debt-servicing costs in Fiscal Year 2014/15. Japan''s Finance Ministry will request a record 25.3 trillion yen ($257 billion) in debt-servicing costs under its fiscal 2014/15 budget, up 13.7 Watch What Happens Next.

Finance 71
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2014 List of Strategy Consulting Firms in Sydney

Tom Spencer

The definitive 2014 List of Strategy Consulting Firms in Sydney. Below is our 2014 list of strategy consulting firms in Sydney. The firms on the 2014 list are: Nous Group. Kearney’s services include strategy, innovation, sales & marketing, operations, strategic IT, and procurement. Source: Flickr ). Momentum Partners.

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Expect Higher Mortgage Loan Rates in 2014; New "QM" Rules May Mean Less Lending

MishTalk

In regards to Average 30-Year Mortgage Rate Hits 4.47% (Not Counting Fees); Affordability Check Michael Becker at WCS Funding Group just pinged me with his thoughts on why mortgage rates will go up in 2014 even if treasury rates stay flat. The FHA last month decreased its maximum loan limits for 2014. Michael writes.

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Austerity In Spain? Where? Public Debt Threatens to Exceed 100% of GDP in 2014

MishTalk

EL Pais reports Spanish Public Debt Threatens to Exceed 100% of GDP in 2014 Via translation General government debt accumulated through February was 987.945 billion euros, an amount that represents 96.5% The 2014 budget is expected to be in the red by 60.7 of gross domestic product (GDP). The debt ended 2013 at 94% of GDP.

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Made in France: Montebourg Ridiculed in Text and Pictures; France Goes After "Red Bull" Energy Drinks to Finance Social Security

MishTalk

Members start Tuesday afternoon discussion of the draft law on financing of Social Security. The executive wants to "harmonize the rule", which should generate 600 million euros in 2014. on their pensions, expected to bring €645 million in 2014. Here is another case in point via translation from Les Echos.

Energy 61
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The 2016 M&A Report

BCG

Following a strong 2014, the year 2015 will go into the books as a record for global M&A deal making. Capital markets have long greeted acquisition announcements with skepticism—and with good reason. In the current market environment, at least, investors are showing more trust in, and higher expectations for, dealmakers.

Report 75