Sentence examples for moratorium on repayments from inspiring English sources

Without a long moratorium on repayments, perhaps of 30 years, or a reduction in the value of the debt, the burden will become unmanageable, the IMF has argued.

He has demanded that Greece formally abandon the "barbarous" bail-out programme; place its banks under state control; and set up an international committee to audit the public debt before declaring a moratorium on repayments.

The IMF's own debt sustainability analysis, published in the aftermath of the negotiations between Tsipras and his eurozone partners earlier this month, suggests that the country's debt burden will quickly become unmanageable without a lengthy moratorium on repayments, perhaps of up to 30 years, or a reduction in the face value of the debt.

The IMF's "debt sustainability analysis", which was published by the Washington-based lender after parts of it were leaked to the media, suggested Greece may need a 30-year moratorium on repayments; or a substantial "haircut" – a partial write-off of its debts.

Mr Quijano said GUPC had asked for a moratorium on repayment until 2018 to finance completion of the work.

Argentina's declaration of a moratorium on repayment of its foreign debt marks the end of a failed economic experiment that has cost this country dearly.

A five-year moratorium on repayment of debts expired in April, and the company immediately defaulted, failing to make a $58 million payment due to Goldman Sachs and its partners.

He took calculated, even audacious risks, effectively daring the state Court of Appeals to say no to a moratorium on repayment of New York City's debt, which was essential to give the city some temporary breathing room.

At the same time, the new government finally carried out last week's vow of a moratorium on repayment of its foreign loans, which makes up the bulk of the country's $141 billion public debt.

[C3.] Argentina Crisis Is Also Blow to U.S. Argentina's declaration of a moratorium on repayment of its foreign debt marks the end of a failed economic experiment that has cost the country dearly.

With the country heading into a presidential election year, any additional cuts in government spending and investment would probably strengthen the appeal of the left-leaning opposition, some parts of which are opposed to dealings with the monetary fund and support a moratorium on repayment of Brazil's foreign debt.