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Economists question how much longer Athens can continue to meet its heavy schedule of debt repayments as well as paying public sector wages and pensions.
Cash-management bills are used to meet the Treasury's short-term cash needs, in addition to its regular schedule of debt sales.
But with a heavy schedule of debt repayments due in the months ahead, fears continue to rise that Greece will default unless its international creditors release the €7.2bn (£5.1bn) remaining to be tapped from the bailout funds.
LONDON — The government of Dubai, in a blunt acknowledgment of the severity of its financial position, said on Wednesday that it had asked its banks for a six-month stay on its schedule of debt repayments.
The government of Dubai said Wednesday that it had asked its banks for a six-month stay on its schedule of debt repayments, in a blunt acknowledgment of the once-booming Middle Eastern emirate's financial woes.
But the public will take no more notice of Lib Dem ministers hailing a "progressive" schedule of debt interest rates than they took when Gordon Brown explained that the budget in which he had axed the 10p tax rate was technically progressive.
Similar(50)
Quantitatively, an optimal schedule of macroprudential debt taxes can lower the frequency and magnitude of financial crises, but the policy is complex because it features significant variation across interest-rate regimes and news realizations.
Mr. Day, who made his national mark by cutting taxes in Alberta, is now expected to shift his strategy to call for stricter sentencing for criminals, a more aggressive repayment schedule of the national debt, better health care for an aging population -- and for a generational leadership change from Mr. Chretien, who was first elected to Parliament in 1963.
Payment alternatives that provide the firm with the exact same schedule of after-tax debt payments (including both interest and principal).
Romania has halved its hard-currency foreign debt since 1981 and believes it is on schedule to be free of debt by 1990, a senior Finance Ministry official said Wednesday.
Term of debt schedule, as well as breakdown of accounts payable and accounts receivable (broken into monthly categories going back at least three months).
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Justyna Jupowicz-Kozak
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