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Intrum Files for Bankruptcy Amid Industry Challenges

Intrum Files for Bankruptcy Amid Industry Challenges

Intrum, Europe’s largest debt collection agency, is entering Chapter 11 bankruptcy protection in the United States as part of a prepackaged restructuring plan. This move is aimed at reducing debt, extending repayment terms, and stabilizing the company’s...
EU Approves €35B Macro-Financial Loan to Support Ukraine

EU Approves €35B Macro-Financial Loan to Support Ukraine

The EU has approved a 35 billion EUR macro-financial loan to support Ukraine amid its ongoing crisis. The assistance will be funded from frozen Russian assets, reinforcing the EU’s commitment to Ukraine’s economic stability and recovery. This initiative complements...