Sentence examples for huge indebtedness from inspiring English sources

Announcing a large bailout fund was viewed as crucial to putting an end to speculation over the fate of the currency union prompted by the huge indebtedness of Greece and financial crises in Ireland and Portugal.

The national airline, Pluna, in which the government had a 25% stake, was wholly taken over by the government in June but went bankrupt and was shuttered on July 6 because of huge indebtedness.

The Japanese economics minister, Heizo Takenaka, said that he hoped the Bank of Japan would take additional monetary easing steps, given that the government's fiscal policy is constrained by its huge indebtedness.

But the huge personal indebtedness of Haitians is a largely hidden problem, on which no one is campaigning.

By the 1980s, however, many countries that pursued this strategy ended up with huge foreign indebtedness, causing a dramatic decrease in economic growth.

One probable source is concern about America's huge ongoing foreign indebtedness.

In addition to the effect on jobs, the trade deficit has also led to a huge increase in overall United States indebtedness to the rest of the world.

Additionally, maintaining low levels of indebtedness (or not keeping huge balances on your credit cards or other lines of credit), having a long credit history and refraining from constantly applying for additional credit will all help your credit score.

Unpaid student loans will be a bigger drag on the economy, and indebtedness will take a huge psychological toll current on millions of young people.

Paralleling the spendthrift habits of the consumer is the indebtedness of the economy to foreign lenders: The huge current accounts deficit, 5.5% of gross domestic product, represents money borrowed abroad to pay for spending (and capital investment) in excess of American economic output.

He wants tax avoiders to be named and shamed, adding: "Where the country's indebtedness is so colossal and the budget deficit is so huge, there is a moral obligation on people to pay their fair and reasonable dues".