Sentence examples for dramatic debt from inspiring English sources
But even if Tsipras wins the next election, he is likely to fail in his bid for an international conference that would provide dramatic debt relief.
Greece's dramatic debt crisis has drawn media attention from the world over, as the depression-racked country flirts with bankruptcy and a possible exit from the euro currency.
The IMF's new memo calling for dramatic debt relief for Greece indicates that unless its requests are heeded, the IMF will not continue to participate in Greece's bailouts.
Ms. Bellamy said a growing international movement favours dramatic debt relief and urged the G8 ministers to make significant reforms in the Heavily Indebted Poor Country (HIPC) Initiative.
"The dramatic deterioration in debt sustainability points to the need for debt relief on a scale that would need to go well beyond what has been under consideration to date – and what has been proposed by the ESM," the IMF said, referring to the European stability mechanism bailout fund, which will be used to bankroll the Greek bailout.
This meant a "dramatic increase" in debt payments between 2000 and 2009 -- $11 million to $32 million more a year, he said.
Then there were "very dramatic increases in debt by people who, mainly, lost jobs, but also had medical emergencies, and turned to credit cards to carry them through the hard times".
Things have to change at Network Rail too, according to Bluecloud, who posted following news that the track operator had seen a dramatic rise in debt to £22bn: "We cannot afford to let this lot run off the rails.
One option guarantees profit for private buyers through the promise of future government subsidies, but the more controversial alternative is to allow said buyers to lift the cap on interest rates – meaning anyone who originally took out a student loan with the promise of low interest rates during repayment could suddenly be faced with a dramatic increase in debt.
But the £27m of funding over the next year is nowhere near enough to maintain even the current level of advisory services, let alone cope with the expected dramatic increase in debt and other consumer problems as the impact of public sector and other job losses, benefit cuts and a rise in borrowing costs hits home.
Since the Chávez-led government gained control of the national oil company in 2003, this disastrous economic performance has been transformed, with one of the highest growth rates in the region, a dramatic reduction in debt and an accumulation of currency reserves sufficient to offer significant protection from fluctuations in oil prices.
