Sentence examples for avert defaulting from inspiring English sources

Athens urgently needs emergency funds to avert defaulting on 20 August when it must meet a €3.4bn bond repayment to the ECB.

The Senate has been working for days on a bipartisan deal to end the shutdown and avert default.

Ukraine is running out of reserves and desperately needs cash to get through the winter and avert default.

The meeting could be decisive in determining the fate of a nation that is dependent on bailout funds from the EU and International Monetary Fund to avert default.

The markets are calm, betting that Congress will find a way to raise the debt ceiling in time to avert default.

He added that the $8 billion International Monetary Fund rescue package in August should enable Argentina to avert default until at least the second quarter of 2002.

Now the group's president, Frank Keating, a former Republican governor from Oklahoma, is among those lamenting Congress's failure to achieve a deal to avert default.

In contrast to the situation in Greece, most investors do not think the central bank has the resources to help Spain avert default if its economic problems worsen.

Greece's beleaguered prime minister, Alexis Tsipras, has blamed the "absurd proposals" of creditors keeping the debt-stricken country afloat for the failure to reach a deal that could release emergency aid to avert default.

Berlin has made clear that Athens will have to provide a detailed list of reforms if it is to unlock €7.2bn (£5.1bn) worth of rescue funds to avert default on debt payments in May.

In 2010, at the start of the country's debt crisis – which has seen it struggle to avert default and remain in the euro – revenues from tourism were €10bn, or 15% of GDP.