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The extra borrowing adds to a daunting stock of government debt, which the European Commission fears could rise to 135% of GDP by 2011 unless serious action is taken to cap it.Greece intends to cut its deficit to 9.1% of GDP next year but Fitch thinks its efforts will not be enough to keep debt on a stable path.
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According to the Congressional Budget Office, it's just about how much budget reduction is needed over the next ten years to keep the debt-to-G.D.P. on a stable path.
"We are on a stable path," Mr. Zapatero said during a news conference.
The bankruptcy deal aims to put the city's finances on a stable path.
Mr. Mubarak may still have a chance to steer his country on a stable path without sacrificing it to extremist elements.
More revenue would also reduce budget deficits, helping to put the nation's finances on a stable path.
There is still no guarantee that the economy is on a stable path to recovery, given its structural problems and the false starts of the last few years.
You are someone who likes to be on a stable path.
I could have done what everyone else does and go on a stable path of 9-to-5, weekends and holidays off, paid vacation.
We cannot guarantee a stable path for our economy especially following a banking crisis.
But recently, the country was on a comparatively stable path.
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CEO of Professional Science Editing for Scientists @ prosciediting.com