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foreign debts
noun
Plural of foreign debt
Exact(59)
Many businesses crumbled under the weight of their foreign debts.
Foreign debts became unmanageable and banks and companies insolvent.
The military junta more than tripled the country's foreign debts.
Elsewhere, foreign-exchange reserves exceed short-term foreign debts.
Meanwhile, illicit flows exceeded the continent's foreign debts.
Developing countries also paid $188bn in interest on foreign debts.
In 2001 Argentina defaulted on its foreign debts after huge bail-outs that went wrong.
Argentina then restructured its foreign debts, which had reached crisis proportions.
Industry is largely unreformed, foreign debts all but unpayable: next year Ukraine will owe $3 billion.
Its net foreign debts and current-account deficit are fairly small by rich-country standards.
More important, currency depreciation would make Greece's foreign debts, which would remain in euros, unsustainable.
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