A deal would be agreed now: if Greece sticks to its reforms, its official debts would be reduced, in stages, to a level where the stock was manageable (say, 120% of GDP by 2020), the burden bearable and the repayment schedule feasible.
For example, an Italy outside the euro would not have escaped relatively unscathed from the recent resignation of Mr Siniscalco and the associated controversy over the governor of the Bank of Italy (see article).Indeed, it is membership of the euro that has made Italy's public-debt burden bearable by cutting its servicing costs sharply.
Women hurriedly gather up shellfish like conchs, clams and cowries, breaking open the shells to extract the meat and so keep their burdens bearable.
Either way, Mr. Rothman said, the burden is bearable.
For a time, they thought that moving to an HMO-style system would help stem the costs and make the health care burden more bearable.
In 1946, debt-to-GDP ratios hit 120% in America and 260% in Britain without disaster striking.Ultimately, of course, it is up to bond investors to decide whether Japan's burden is bearable.
He is 25-1 now but will surely be shorter on the day as his frustrated backers pile in again and, although higher in the weights this time, his burden is bearable.
Victory made martial law seem less urgent, and its burdens less bearable.
That burden is made bearable only through concessions by the European lenders who now hold most of the debt.
By Mr Carvalho's reckoning, each percentage-point rise adds 0.3% of GDP to the government's annual interest bill, making the debt burden ever less bearable.
