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- (AFX UK Focus) 2008-10-31 17:28 UPDATE 1-Spain's Codere says owners not met debt repayment (Interactive Investor)
MADRID, Oct 31 (Reuters) - Spanish gaming group Codere said on Friday that its owners, the Martinez Sampedro family, has not met the deadline for a repayment of debt which is outstanding with the company's former owners the Franco family. In a statement, Codere said the two parties are in talks over a solution on how to make the payments, but as yet no agreement has been reached. The Martinez ... www.iii.co.uk
- State debt nears $32B, 3rd heaviest in nation (Asbury Park Press)
The state accumulated $31.9 billion in debt by the end of the fiscal year that ended June 30, according to a report the state Treasury Department released Friday. And because of the faltering economy, some money set aside to help repay it might instead be spent on other costs. www.app.com
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