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RECENT NEWS
Mondo Visione  Mar 2  Comment 
The Financial Conduct Authority (FCA) has today confirmed final rules which will require firms operating workplace pension schemes to implement a charge cap for default funds used for automatic enrolment. Default funds are used automatically to...
WA Business News  Feb 9  Comment 
Wall Street stocks have followed followed European equity markets lower, dropping on growing fears of a Greek default and exit from the eurozone.
MarketWatch  Feb 9  Comment 
Greece and its eurozone partners appear headed for a collision. Here are the key dates to remember as the crisis intensifies.
Reuters  Jan 30  Comment 
Banco Bradesco SA is prepared to weather an expected wave of corporate defaults and debt restructurings in Brazil, executives said on Friday, expecting strict risk...
Wall Street Journal  Jan 29  Comment 
Belarus President Lukashenko moved to reassure holders of the country’s bonds that Minsk has enough funds to pay back debt and isn’t planning to default.
MarketWatch  Jan 29  Comment 
Let’s stop playing games and get it over with, argues Brett Arends.
BBC News  Jan 28  Comment 
Greek financial markets were in turmoil on Wednesday after the new anti-bailout government appeared determined to defy the country's international creditors.
BBC News  Jan 28  Comment 
New Greek PM Alexis Tsipras says his country will not default on its bailout debts, as bank stocks lose more than 25% of their value.




 

Default refers to the failure to pay his or her debt on a timely basis or to comply conditions of an agreement or an obligation. Some example of default are loan defaults which the borrower does not pay back his loan on the date agreed with the bank.

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