The phrase "amounts to close" is not correct and does not convey a clear meaning in written English.
It seems to be an incomplete expression and lacks context to determine its intended use.
Example: "The total expenses amounts to close to the budget limit."
Alternatives: "comes to nearly" or "is approximately".
This amounts to closing down opponents, which in another language becomes "gegenpressing".
In 2008 alone, carbon credit transactions amounted to close to $7 billion, it said.
Cumulative measures over the three-year period amount to close to 10% of GDP in Greece and Portugal and 8% in Ireland.
Were the abatements not in place, the revenue generated for the same properties in fiscal 2001 would amount to close to $100 million.
The soft money collected in the latest election cycle amounted to close to half a billion dollars -- enough, one would think, to satisfy any fund-raiser or political party for some time to come.
The portion of all stock trading taking place away from the public exchanges hit new highs over the last few weeks, amounting to close to 40 percent on several days, up from an average of 16 percent in 2008, according to Rosenblatt Securities.
"To collect signatures amounting to close to 7% of the electoral roll is impressive in any society," says Jorge León, a political scientist.The activists' campaign was triggered by the decision in August of President Rafael Correa to drop a plan to keep the oil underground indefinitely in exchange for local and international funding.
The ITT's oil is crucial to help the smallest OPEC country escape poverty, he said, adding that only "one-thousandth" of the park would be affected by extraction of the heavy crude oil, which is thought to amount to close to a billion barrels, or 20% of Ecuador's reserves.
In the course of the crisis, these banks suffered huge loan losses amounting to close to 12% of GDP.
It has been suggested that SAFE's equity investments abroad may already amount to close to $100 billion.
