Your English writing platform
Discover LudwigExact(3)
Nearly three years have elapsed since the default, "setting a precedent," says one specialist, for "how not to" run a debt restructuring.Argentina's stubbornness has paid off so far: its economy is rebounding, there is plenty of cash to finance investment and the government is saving some $700m a month by not paying its creditors.
It may be that the days are over for allowing anyone who has ever run a debt collection company, a time share operation, or a Burger King, to run a college at taxpayer expense.
Now, it's true that, in the short run, a debt write-down would have only a minimal impact on Greece's budget, because the country's debt-servicing costs are currently so low.
Similar(57)
The collection field has become more crowded lately, since consumer technology is now at a point where it's easy to run a debt-collection agency from your living room.
Even before the Hamas victory, the authority was running a debt of $75 million a month because it raised salaries last summer and hired thousands of young armed men, causing the World Bank to cut off budget support.
In 2009 the charity's annual report showed the company was running a debt of £127,000.
Analysts rightly question where the money will come from, since the government is already running a debt that amounts to 60% of GDP.
Mr. Williams, who runs a debt collection service in Rock Hill, S.C., said that money was not the biggest consideration in his children's legacy.
Japan was praised for its industrial strength and competitiveness, despite running a debt worth 240% of its GDP, three times the ratio in the UK, and an annual budget deficit around twice as high as Britain at 10%.
Apologising to those affected on Tuesday, the energy supplier agreed to pay £9.5m in compensation to its customers and to the Money Advice Trust, a charity that runs a debt advice line for businesses.
But The Big Help Project, which runs a debt advice and food bank service, said it had dealt with many drivers who had faced much higher debts, including a man whose son used his car without permission and racked up debts of £624 and a woman who owes £2,990.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com