Sentence examples for fiscal adjustment programme from inspiring English sources

He was particularly upset that Moody's gave a negative outlook on fears that Athen's fiscal adjustment programme was overly ambitious.

The economy ministry is refinancing the debts of those provinces that are ready to agree to a fiscal adjustment programme.

If the Greek economy does not take off and the fiscal adjustment programme proves difficult to implement, spreads will rise again as markets factor in the event of insolvency.

Rationalising the move, EU economic and monetary affairs commissioner Olli Rehn said that Papandreou's unexpected decision to call a referendum over the bailout agreement had been a "breach of confidence" that had thrown Greece's commitment to its fiscal adjustment programme into question.

In the case of Greece, we have the capacity to assess and monitor its fiscal adjustment programme.

Negotiations over the charter would be too transparent to succeed.Some of Gros's proposals I find baffling, for instance: "Any member country could call on the funds of the EMF upto the amount it has deposited in the past (including interest), provided its fiscal-adjustment programme has been approved by the Eurogroup of euro-area finance ministers.

Under this scheme the Greek contribution to an EMF would have been 0.65% of GDP in 2009.Any member country could call on the funds of the EMF up to the amount it has deposited in the past (including interest), provided its fiscal-adjustment programme has been approved by the Eurogroup of euro-area finance ministers.

While that debate took place, Ms Rousseff failed to carry out her fiscal adjustment plan.

On the fiscal front, a credible fiscal adjustment plan should be agreed upon with the IMF, with close and periodical monitoring with fiscal rules strictly enforced.

His administration has taken a courageous first step by announcing a tough fiscal adjustment program.

The fund said the commission lacked experience of managing financial crises and fiscal-adjustment programmes; was unduly obsessed with austerity; and would not hear of restructuring Greek debt upfront, as had happened elsewhere.