Sentence examples similar to cut level of debt from inspiring English sources
Continuing low interest rates were needed to support a fragile eurozone economy at a time when governments still needed to restructure their economies and cut excessive levels of debt, he said.
The I.M.F. has also long sought to persuade eurozone countries to offer Greece some debt relief, arguing that the country's level of debt has to be cut.
Apart from privatizing and the politically complicated roll-back of restraints on business ties with China, the Taiwan government needs to: Cut the level of bad debt by requiring banks to use their profits for the next five years to write off problem loans.
Ireland has come through its bail-out and cuts with exemplary fortitude and calm; Estonia has the lowest level of debt in the European Union.
A lower level of debt means lower interest payments on outstanding debt, so the government may have additional leeway to further cut taxes or increase expenditures.
And with the highest level of debt to GDP of any industrialised country—at around 180% (three times America's level)—it has no room to cut taxes.
It is true: the current level of debt is not high by historical standards, even after six years of the dreaded Bush tax cuts.
If the level of debt reaches 55percentthethe government would be forced to reduce the budget deficit through more severe cuts.
While significant, this level of debt is far from critical and remains well below debt levels of most advanced economies.
