Sentence examples for credible debt from inspiring English sources

Indeed, it should focus the mind of the politicians of all parties to agree a credible debt reduction plan now that the clock is ticking on its debt rating". Standard & Poor's – or just poor standards?

Mrs Lagarde said the US has scope to "abandon short-term austerity and introduce some measures to drive growth" provided the country lays out a credible debt strategy over the medium term.

If Congress does not create a credible debt reduction plan, the U.S. credit rating will be downgraded.

It is not a great stretch of the law nor of the imagination to foresee the creation of a truly credible sovereign debt ratings agency under the umbrella of the Organization for Economic Cooperation and Development or the International Monetary Fund, or a combination of the two.

George Osborne, the chancellor, reiterated the need to stick with his "credible plan" for debt reduction.

But the impact of laying out a credible path to debt sustainability could be powerful.

That threat was less credible when a debt default might have wrecked Mr. Obama's chances at a second term.

So the trick will be to relax the pace of deficit-cutting in the short term, while reassuring markets with a credible programme of debt reduction in the medium and long term.

Yields on existing national bonds in a country such as Italy those with maturities extending beyond the transfer period of up to four years will be higher than those issued through the redemption fund, but overall borrowing costs should be reduced as investors see a credible path to debt reduction and fret less about a euro break-up.Of the three schemes, the German plan has most to commend it.

"We have a credible and flexible debt reduction plan.

So the choice is not really between austerity and growth, but over the timing and speed of deficit-cutting and the right mix of structural reforms.The Goldilocks policy, as the IMF calls it, urges countries to embark on a gradual fiscal adjustment in the short term, if the markets allow it, coupled with a credible medium-term debt-reduction plan.