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Exact(3)
This assumes that Spain refinances all its debt at current rates — whereas its average debt to maturity is currently 6.6 years and the average cost of servicing it is just 3.98 percent.
An important reason for this is that consumers have so much more debt these days, that the burden of servicing it is a heavy one even with relatively low interest rates.
Servicing it is very difficult, and time consuming.
Similar(57)
Though the clinic advertises its services, it is wary of unwelcome publicity.
During its service it is said to have travelled at least a million miles.
"No more lip service; it is time for actions.
Normal political service, it is suggested, will simply be resumed.
EBay provides very basic services; it is not the police.
But in financial services, it is not unprecedented.
"It's not that Pandora isn't a good service; it is," Mr. Greenfield said.
If our politicians do perform community service it is because they have sentenced themselves to it.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com