The plan calls for the US Federal Housing Administration to expand its balance sheet by insuring refinancings of loans not already guaranteed by taxpayers

The eurozone debt crisis has triggered a severe credit squeeze across the region with banks imposing significantly harsher loan terms

Reforms range from plans to put the chancellor in charge in a future economic crisis to a new crackdown on payday loan companies

Mr John Redwood (Wokingham) (Con): When will we see more of the details of the credit easing scheme and what is the Minister’s forecast of the monthly draw-down for the rest of this year? The Financial Secretary to the Treasury (Mr Mark Hoban): We are working with banks on the details behind the national loan

The consensus is that the European Central Bank’s €489bn three-year loan liquidity shot last month has averted a credit crunch for the region’s banks

Markets have responded positively to the ECB’s loan programme but investors remain wary as banks still need to refinance about €700bn of debt this year

A controversy over the financial dealings of German President Christian Wulff has intensified amid allegations he threatened editor of a popular newspaper in an effort to suppress reporting about a loan he received from a friendly businessman.  More »

  Wulff is under pressure for trying to suppress the story German President Christian Wulff appears to have put massive pressure on the nation's top-selling Bild newspaper to prevent the publication of an article about a 500,000-euro low-interest personal loan.   German President Christian Wulff personally called the editor-in-chief of Bild last month and threatened legal action if ...

Voters may not thank them for it, but the tuition fee and loan system is a policy legacy of which the Lib Dems can be proud

Along with his investigation of a number of instances of Washington malfeasance, Re. Darrell Issa, chairman of the House Oversight and Government Reform Committee is now pulling the cover off of 'VIP' loans at rates and terms unavailable to the public made to influential members of Congress and their key staff members. In a letter to Reps. Jo Bonner (R-Ala.) and Linda Sanchez (D-Calif.),...