Sentence examples for debt rescue from inspiring English sources
The nearly $1 trillion debt rescue package for troubled European countries announced over the weekend touched off a sharp rally on Monday.
Net income jumped to 26 million euros ($41 million) from 1 million euros a year earlier, excluding a 3.32 billion euro one-time gain from the company's debt rescue, Eurotunnel said.
Spain has already had its banking system bailed out and Slovenia is widely expected to become the next to ask for for a debt rescue.
Governments have built up mountains of debt rescuing their banks and providing stimulus money to their economies over the last two years.
That could avoid some of the political stigma and — more important — break the vicious circle of weak governments' taking on debt to rescue weak banks and vice versa.
Gary Jenkins, head of credit research at Evolution Securities in London, said it was "impossible to quantify" how much banks had benefited while governments piled on more debt to rescue their economies and as they struggled to cut debt now.
On the table: how to recapitalize Eurozone banks laden with sovereign debt, the rescue bailout fund and extent of the "haircut" on Greek bonds.
But the bail-out of Washington Mutual hit both shareholders and senior-debt holders.Any rescue is a balance.
Even success would leave it with an intolerable public-debt burden.A rescue that is painful for Greece has not given other countries much relief, either.
The division specializes in investing in distressed companies, usually by buying debt or providing rescue financing.
The deal, if it goes through, would help pay off $9 billion of A.I.G.'s rescue debt to the government, and possibly more, depending on the price.
