Define Junk Bonds News

Insight: Dubbed "Viktator," soccer-mad Hungary PM fights on

FELCSUT, Hungary (Reuters) - Hungarian Prime Minister Viktor Orban has played soccer at a near-professional level and prides himself as a sportsman, but his respect for the rules of democracy increasingly is being called into question, at home and abroad. A player since childhood who advanced to the domestic league level, Orban, 48, founded a soccer academy in his home village west of Budapest ...

mad Hungary PM fights on

FELCSUT, Hungary (Reuters) - Hungarian Prime Minister Viktor Orban has played soccer at a near-professional level and prides himself as a sportsman, but his respect for the rules of democracy increasingly is being called into question, at home and abroad.

Eurozone crisis live: Greek creditors 'prepared to offer better deal'

• Greek sources say deal could come before weekend • Private creditors 'to offer 3.75% coupon' • Today's agenda • Davos live blog 12.08pm: Portugal is coming under relentless pressure in the financial markets today, adding to fears that it, like Greece, will require a second bailout. The yield on Portuguese 10-year bonds hit a euro-era high of 15.13% -- more than double the 7% mark that has ...

Eurozone's fate hangs on whether French humiliation turns to anger

The downgrading of France was meant as a warning. But as the Greek crisis enters a critical phase, and Athens looks to its partners for more cash, Europe may find that Sarkozy's patience has now all but run out Nicolas Sarkozy has spent the weekend nursing his hurt pride after Standard & Poor's stripped France of its AAA rating in a late-night announcement on Friday. But this week, Greece will ...

Bain often couldn’t lose with buyouts

Mitt Romney spent much more of his career in leveraged buyouts than in the investments in start-up companies known as venture capital.