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"Portugal would save 3 billion euros a year if it restructured its debt," said Pedro Lains, an economic historian and a blogger at the University of Lisbon.
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Professor Pettis and most other experts say China will ensure strong long-term growth only if it restructures its economy from one based on exports and big building projects to one based more on consumer spending.
In a later version, however, this became a commitment to pay £5m a year for three years towards the scheme and a maximum of £15m towards any "unpaid contributions" if it was restructured.
Stories of how Governor Rick Perry wants to take apart the university system in Texas -- as his advisers suggest that it could better meet the needs of industry and workers if it is restructured closer to the community college model -- miss the point.
The company, he says, is a low-cost producer of aluminum, and if it can restructure its debt, he believes, Rusal can really take off.
DETROIT — General Motors stated in a regulatory filing to the Treasury Department on Thursday that it is prepared to file for bankruptcy protection if it cannot restructure out of court.
Yet he maintains that he will only do business with Ticketus if it can restructure that £24m deal to suit the club.
In a 10-K filed Tuesday, the video rental company says it may be forced into Chapter 11 if its restructuring efforts fall short of increased liquidity needs and it falls to the cost pressures created by heightened competition.
Letwin said the charity could have carried on if it had been restructured after the removal of Batmanghelidjh as chief executive and could have carried on its work with children.
And a company that hires one may not even declare bankruptcy at all, if its restructuring can be accomplished short of taking that step.
Led by its astute and technocratic Prime Minister Ranil Wickremasinghe, Sri Lanka understands it needs restructuring if its governing structures are to last.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com