Category Archives: Bankruptcy

Euro Zone will include 17 states but not 27

Yes, from now it will be 17 states but not all 27 ones as it was befor, plus six other European Union countries. After lond duscussion Euro leaders have come to decision the Euro Zone has to be rebuilded – … Continue reading

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Eight banks fail EU stress test

With the effects of the most recent global recession still being felt across the globe, any measures that can be taken to safeguard against such events ever happening again must be viewed positively. In light of this statement, the recent … Continue reading

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U.S. Postal Service in crisis

United States Postal Service is near a bankrupt, reported Washington Post. USPS has lost 8.5 billion dollars in 2010 year and if the U.S. government does not take seriously measures to salve the problem until the next September 2011, the … Continue reading

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Airlines Bankruptcy

One of the major European discount airlines SkyEurope files for bankruptcy, leaving passengers to fend for themselves on Europe routes. So, SkyEurope shuts down, who is next? Some airlines, including Ryanair and Czech Airlines, stepped in to offer stranded passengers … Continue reading

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