Sentence examples for moratorium on payment from inspiring English sources

The banking crisis was followed by President Hoover's one-year moratorium on payment of World War I war debts and reparations.

Other leaders, like Fidel Castro of Cuba, applauded Argentina's moratorium on payment of its debt.

In an acceptance speech that lasted half an hour, Mr. Duhalde reaffirmed the moratorium on payment of the foreign debt, saying that Argentina would begin repaying those obligations only when the economy here began growing again.

But with bank accounts partly frozen, a moratorium on payment of the foreign debt and political leaders clearly at a loss for what to do, the possibility of an economic collapse loomed as an even larger concern.

Now Mr. Deripaska says he is seeking a moratorium on payments to all creditors.

In April, the church's vendors agreed to a 90-day "voluntary moratorium" on payments, the church statement said.

This week the CBR declared a 30-day moratorium on payments to the bank's creditors firmly bolting the door from an empty stable.

By March, the trust had paid more than $2.5 billion to more than 350,000 beneficiaries and decided to place a 60-day moratorium on payments.

On January 12th, ministers and officials of the Paris Club, a group of 19 big donor countries, offered Indonesia and other victims of the tsunami an immediate moratorium on payments, while they consider other forms of debt relief.

For instance, the British government has ordered credit card companies there to "work with consumers," in some cases providing a 60-day moratorium on payments, as a condition of getting public money.

Talks with potential buyers are continuing, but KPNQwest said it had no choice but to ask the District Court of Haarlem to convert a moratorium on payments to creditors to bankruptcy proceedings.