Your English writing platform
Discover LudwigSuggestions(1)
Exact(1)
The private sector loss agreement was expected to lower Greece's borrowing expenses by as much as 100 billion euros through 2014.
Similar(59)
We already know that the draconian austerity measures could lead to half a million jobs losses in the public sector, with huge private sector losses as well.
European leaders want to tamp down debate about private sector losses, which has the potential to stoke investor worries about the debt of other euro countries.
Indeed one of the book runners involved in last week's offering said he would confidently underwrite an Irish bond issuance, once all banking sector losses are realised.
There is a 50% chance that the sheer size of Cyprus' anticipated debt load will eventually compel authorities to pursue every avenue for debt reduction, including private sector losses on Cypriot debt.
"There is a 50% chance that the sheer size of Cyprus's anticipated debt load will eventually compel authorities to pursue every avenue for debt reduction, including private sector losses on Cypriot debt," Moody's said.
So far most of the banking sector losses have been accounting writedowns, not cash losses.
Under policy scenario 2 (ex post financing), the total losses are estimated at USD 95 million, with transport sector losses accounting for a decline of USD 45.7 million.
Under policy scenario 1 (ex ante financing), the total economic loss including the declines in final demand and intermediate demand is estimated to be approximately USD 65 million, of which transport sector losses account for USD 31 million.
The "bad bank" approach had many critics, appalled that taxpayers money was being used to backstop private sector losses, in exchange for vague promises by politicians that the end result would be therapeutic for the national economy's ills.
He talks of 1.6 million lost jobs; that's the private-sector loss, partly offset by increased government employment.
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