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The European Commission wants Italy's still formidable debt to be cut.
Getting it is challenging, though, and not only because of formidable debt levels.
That would leave a still formidable debt, with only the media assets to support it.A further problem concerns Vivendi's 63% stake in Vivendi Environnement, currently worth euro7.2 billion.
Last week, Moody's Investor Service cut Japan's credit rating, citing the country's formidable debt, political instability and the absence of credible plan to revive the world's third-largest economy.
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Henry's government eliminated the formidable national debt and realized a reserve of 18 million livres.
Germany is the biggest and most formidable opponent of debt relief, but is also the loudest supporter of keeping the IMF on board.
Already, they say, Greece has been forgiven a formidable amount of its international debt.
Under their leadership, it grew from a one-room museum with a collection of 184 objects, and deeply in debt, to a formidable institution with many masterpieces among its 4,000 objects.
Its $16.3 billion in market value would not overwhelm investment bankers, but its $150 billion in debt is more formidable, as are its pension and worker health care liabilities.
And on these criteria, the barriers to entry in sovereign-debt litigation are formidable.
DAVOS, Switzerland — World leaders turned up the pressure on Europe on Saturday to erect a more formidable wall of money against the sovereign debt crisis, warning that the euro zone continues to pose a severe threat to the global economy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com