Sentence examples for limits on debt from inspiring English sources

Those proposals included placing limits on debt levels written into national laws and a minimum corporate tax rate.

Euro zone governments must create a system for disciplining countries that violate treaty limits on debt and deficits, he said.

If other agencies followed the precedent set in the agreement, he wrote, "the constitutional limits" on debt "would easily be gutted".

She added that leaders should not water down the agreement and instead quickly pass other measures they have agreed to, like limits on debt.

German leaders also see a European monetary fund as a vehicle to impose tougher sanctions on countries that defy the limits on debt that euro-zone countries are supposed to observe.

"All the principles on which the euro zone was built — no state default, no monetary transfers, no bailouts and strict limits on debt — all these principles are dead, and we have no rules to make this work".

They propose to replace the current limits on debt-to-income ratios with evaluations of the borrower's entire budget.

Mr. Hevesi's amendment would impose a constitutional limit on debt -- say 5percentt of the state's total personal income.

The EMF could, for example, tie its guarantees to the 60%-of-GDP Maastricht limit on debt, so that creditors of a country with a debt stock of 120% of GDP would face a 50% haircut.

Without reforms to spending, Poland risked breaching legal limits on public debt.

In 2004, for example, he resisted pressure from Gerhard Schröder, then chancellor of Germany, to cut interest rates and loosen the European Union's limits on government debt.