Sentence examples for refinancing obligations from inspiring English sources

Portugal has already received about 20 billion euros ($28.4 billion) of the bailout financing, which the previous Socialist government requested in April to meet debt refinancing obligations and avoid a default.

Concerns are particularly acute for Portugal because of its refinancing obligations and worsening economic outlook.

Those developments heightened concerns about the country's ability to meet refinancing obligations.

Mr. Monti also dismissed the idea that Italy would need such help to meet its immediate refinancing obligations.

This past week, the two most indebted regions, Catalonia and Valencia, requested emergency funding from Madrid to meet their debt refinancing obligations and pay suppliers of health and other basic services.

Unable to issue more debt to private investors or financial markets, Catalonia was forced last month to request  $6.5 billion in emergency aid from Madrid in order to meet its refinancing obligations.

The yield on Spanish 10-year bonds has spiked this month to just under 4.1 percent from about 3.7 percent in March as investors have digested the fact that Spain's refinancing obligation for this year is about the size of the Greek economy.

They now need help from Madrid to meet their debt-refinancing obligations, as well as to pay suppliers of health and other basic services.

At least a handful of regional governments are expected to follow the example of Valencia, in eastern Spain, which said Friday it would be the first region to tap into a new €18 billion Spanish government fund to meet its debt-refinancing obligations, as well as to pay suppliers of health care and other basic services.

Bond yields spiked and the IBEX stock index fell after José Ciscar, the vice president of Valencia's regional government, said that it would request an unspecified amount of state aid to meet its debt-refinancing obligations, as well as to pay suppliers of health care and other basic services.

But its laggardly growth rate (the weakest in the euro zone) and its terrible competitive position relative to Germany make raising the money needed to refinance its obligations extremely difficult.