Sentence examples for burdensome debt from inspiring English sources

Neighbouring Argentina defaulted on its (even more burdensome) debt in 2001.

It would help protect younger customers who are more easily tricked into burdensome debt.

Burdensome debt and labor costs, compounded by the lingering economic downturn, ultimately prompted the bankruptcy, according to court documents.

By any name, the practice is largely responsible for the bloated system that has contributed to Greece's burdensome debt.

Outside the United States, Greece and Spain have recently reduced government pensions to deal with burdensome debt that has impeded their ability to finance themselves.

When one generation inherits burdensome debt without consent their freedom is curtailed because their fate is bound until it is repaid".

Instead of trying to work out a compromise by reorganizing in bankruptcy, the company used the bankruptcy process to escape all its past burdensome debts.

Some are betting that GM will end up in Chapter 11 bankruptcy, now a popular move among American companies saddled with burdensome debts and high labour costs.

As items are forfeited when payments are not made, borrowers do not accrue ever more burdensome debts as interest builds up.

Governments that are struggling with the euro zone crisis are welcoming exploration, hoping for revenues to help ease their burdensome debts.

Gancia, a wine and vermouth firm with burdensome debts of €35m, sold a 70% stake to Russian Standard Corporation, a Moscow-based firm whose business is a rum cocktail of drinks and financial services, last December.