"Our aid budget will be restructured to ensure that it is spent on tackling the great global challenges – from the root causes of mass migration and disease, to the threat of terrorism and global climate change – all of which also directly threaten British interests," the government said in a policy paper.
Though abstract on the surface, the changes will provide more flexibility to bail out or further restructure Greek debt, to aid Italy and Spain with their bond sales and even to recapitalize some European banks, weakened by their exposure to sovereign debt in the form of Greek, Portuguese, Spanish and Italian bonds.
Rep. Adam Schiff (D-Calif ., offereD-Calif .dment Tuesday toffereducture and to Egypt by cutting $390 million from militamendmentTuesdayo supportoforestructurec aid civic instotutions, along with an indEgyptent media.
While Daewoo Motor said it would submit a rescue plan soon, 135 executives at the carmaker resigned in a gesture to aid the company's restructuring.
Restructuring lawyers, bankers and accountants monitor corporate debt levels and loan prices in the secondary market as they seek clients to aid.
At present, national governments are not permitted to grant restructuring aid to a company more than once in a decade, but they can provide short-term rescue aid within 10 years of handing a company a full restructuring package.
ALBANY, Jan . 31— Gov. Eliot Spitzer proposed to radically restructure aid to New York's sprawling health care industry in his first budget Wednesday, saying that the system props up failing hospitals and too often overlooks patients' needs, while consuming roughly a third of the state's budget.
Then it spent another 1.3 billion euros on restructuring aid to reform a subsidy regime so lavish it even prompted cold-weather Finland to start producing more sugar.
Ford Motor said it lost $1.4 billion in the first quarter, but burned through less money as it continued to restructure without government aid during a severe auto sales downturn.
Any measure to restructure student aid will face close scrutiny from both parties.
