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In recent years their multinational companies have borrowed dollars offshore via overseas subsidiaries.
But after spending billions of borrowed dollars, the public system collapsed and defaulted on $2.25 billion in municipal bonds.
"It is the first time a euro area bank has borrowed dollars from the ECB since February.
Highly geared investors, notably hedge funds, are being forced to unwind the purchase of risky assets, including Asian shares, with cheaply borrowed dollars.
Catania, who is contemplating a bid for mayor, said he would explore using paygo capital, which are not borrowed dollars and have far fewer strings attached.
In Republicans' response to Mr. Obama after his speech on Tuesday, Gov. Mitch Daniels of Indiana said: "He seems to sincerely believe we can build a middle class out of government jobs paid for with borrowed dollars.
Similar(33)
Burbank officials estimate it will cost $2.50 for every borrowed dollar, or about $275 million in total costs for $110 million in capital.
Take the cost of borrowing dollars.
They can borrow dollars from money-market funds, central banks or other commercial banks.
In particular, there have been signs that some European institutions have had to pay more to borrow dollars.
And as recently as Wednesday, French banks, like Société Générale, were forced to pay more to borrow dollars.
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