Exact(39)
Latin American countries' debts to foreigners loom especially large in comparison with their exports.
A growing chorus argues that this must entail some form of joint liability for countries' debts.
They can cancel the poorest countries' debts, give more aid, and make trade fair.
Most euro-zone countries' debts are way above the 60% limit and rising each year (see chart 3).
And as worries about those countries' debts moved markets around the world in February, trading in the index exploded.
That may help explain why German politicians have been so reluctant to assume the burden of other European countries' debts.
Similar(21)
Weaker countries' debt burdens will need to be eased.
It's true that yields on other developing countries' debt have not budged.
A lack of growth and competitiveness have amplified the two countries' debt problems.
So growth, and the means of meeting countries' debt burdens, must come from exports.
A large share of some countries' debt is held by official lenders, like other governments.
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