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In a last-ditch effort to avert a costly debt default, President Fernando de la Rúa tonight announced a partial restructuring of Argentina's crushing $132 billion debt and a package of subsidies for the poor and tax breaks for businesses.
A8 Argentina Restructures Debt President Fernando de la Rúa announced a partial restructuring of Argentina's crushing $132 billion debt, a package of subsidies for the poor and tax breaks for businesses.
[C2.] Debt Restructuring in Argentina In a last-ditch effort to avert a costly debt default, the president of Argentina announced a partial restructuring of the nation's $132 billion debt and a package of subsidies for the poor and tax breaks for businesses.
This news comes on the heels of speculation that we might create a federal food safety agency, which would require a partial restructuring of 15 agencies.
As Christoph Wolff observes: "The fragmentary revised score constitutes an extensive stylistic overhaul with painstaking improvements to the part-writing and a partial restructuring of the instrumentation; particular attention was paid to the word-setting in the recitatives and the continuo accompaniment".
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Such development has usually meant a partial or extensive restructuring of the area's economic base.
The July 21 decisions already sanctioned a partial, if inadequate, restructuring of Greece's debt despite vows never to do so.
Partial default and debt restructuring could scare off foreign investors, at least temporarily.
The strong American economy demands ever more power, and the restructuring and partial deregulation of the power industry mean that ever more of that power is traded and transmitted between widely separated producers and users.
"And it would be fair now if the G-8 countries would agree on restructuring with a partial write-off".
Carmen M. Reinhart, an economist at the University of Maryland, College Park, said that a restructuring — or a partial default — by Greece seemed probable but was "no panacea".
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CEO of Professional Science Editing for Scientists @ prosciediting.com