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The best way to get debts under control is the hard slog of paying some back and writing the rest off.
He has, though, indicated his role will be that of an "arm twister" in order to get debts repaid.The president's own financial advice has added to the confusion.
It said organized crime groups are tapping into prisoners' friends and families in order to get debts paid: "In extreme cases, prisoners' families have been known to turn to prostitution to clear their debts.
It said organised crime groups are tapping into prisoners' friends and families in order to get debts paid: "In extreme cases prisoners' families have been known to turn to prostitution to clear their debts.
You'll need a thick skin, as well as a method of negotiating and communicating to get debts resolved.
Similar(54)
If countries don't get debt under control, the wider economy suffers, he said.
Many euro zone governments, including France, are still struggling to get debt under control.
And yes, we need to get debt and borrowing down, as I have always said.
Mr. Carroll has said he wants to get debt down to $9.5 billion by early 2003.
That is good news for the private-equity firms, which are finding it hard to get debt finance elsewhere.
That's why the last government set a debt rule of 40% of GDP and the current one is seeking to get debt on a downward path".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com