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Argentina imposed a substantial default on its creditors five years ago.
A substantial default on Greece's public and private debt would almost inevitably follow: the value of Greek liabilities would surge overnight as the revived currency would trade at an estimated 50 percent to 80 percent discount to the euro, economists say.
However, few months into the outreach services, a substantial default was noted from the follow-up appointment for women that had tested positive.
Our findings suggested that CMAM was an effective strategy, which led to cures for 88.4% of children who completed the treatment although hindered by substantial default rates.
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Even with substantial defaults of these particular mortgages, the fact remains that hundreds of thousands of supposedly poverty-stricken people owned valuable homes.
Merrill's index of bonds rated CCC or lower — the very bottom of the credit pool and indicating a substantial risk of default — has gained almost 75percentt in 2009, adjusted for inflation.
All three main credit ratings agencies cut Greece's rating to a level associated with a substantial risk of default.
Standard & Poor's, one of the world's biggest ratings agencies, on Wednesday downgraded the country's credit rating -- already at junk-bond status -- which the agency says puts Greece at "substantial risk" of default.
It cut Greece's rating to CCC+/C from B-/B, a level it considers puts the country at "substantial risk" of a default.
Greece is at substantial risk of a default, one of the world's three leading ratings agencies said on Wednesday, as it downgraded the debt of the struggling eurozone country.
It offers substantial benefits over the default situation of not routinely capturing cause of death data (which is the de facto standard in many resource-limited parts of the world), considerable improvements over previous versions and the ability to more reliably compare causes of death across different settings and over time.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com