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Exact(11)
Such prepackaged administrations are viewed as particularly controversial by some creditor groups, particularly landlords.
Some creditor countries had initially balked at forgiving Iraq's debts because of its vast untapped oil reserves.
This has often been referred to as the "free rider" phase, in that some creditor banks refused to participate in this new lending.
Some creditor countries (notably Germany) are holding back on fiscal stimulus, while the world's biggest borrower (America) is acting the most boldly.
That means, at minimum, a large expansion of the EFSF, to at least €1 trillion, though there is a limit to how much bigger it can get without denting some creditor countries' ratings.
Ireland, as the bailout recipient most accepting of the need for economic retrenchment, has been seen as a laboratory for the type of austerity measures favored by some creditor nations like Germany.
Similar(45)
"But only some creditors have such arrangements.
Some creditors hoping to be on the committee were disappointed.
Some creditors hailed the preliminary findings of the report.
For some creditors, the race to recover their millions has moved too slowly.
He offered to pay some creditors a paltry ten cents on the dollar.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com