The money network:

The money network:

Why crowdfunding threatens traditional bank lending

China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

Tuesday, January 4, 2011

Consolidated central government budget deficit at EUR 1.2bn in Jan-Oct.


Source: IntelliNews - Croatia Today


Consolidated central government budget deficit at EUR 1.2bn in Jan-Oct. The consolidated central government position (net lending /net borrowing under GFS 2001 methodology) generated a HRK 9.1bn (EUR 1.2bn) deficit in Jan-Oct, finance ministry data showed....


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