It could find itself unable to raise money on the private markets at acceptable interest rates — even though its government debt burden, as a share of the overall economy, is only half what Greece carries.
Once a crisis of confidence has occurred, governments find it difficult to raise the money they need at an acceptable interest rate.
The region cannot secure sovereign loans at acceptable interest rates or receive end-user certificates to purchase arms in the same manner as UN-recognised states.
The government said that at least $3.5 billion worth of bonds must be offered at an acceptable interest rate to go through with the swap.
Paul De Grauwe of the University of Leuven says that if Britain couldn't roll over its debt at acceptable interest rates, it could ultimately force the Bank of England to buy it.
In a recent article, the Financial Times indicated that 700 billion euros were lent by the ECB to Italian and Spanish Banks since no private funding is available at acceptable interest rates.
Some of the most startling takeaways from the video include the idea that boys can't wear pink or purple, girls don't brag about their achievements, and dinosaurs, cupcakes and sports are not universally acceptable interests.
This slim text is a meditation on the interrelationship of scientific research and technological innovation, on the threats that societal influences pose to their successful continuation, and on the problem of reconciling the innovator's need for freedom to follow where inquiry leads with society's interest in defining the acceptable limits of such enquiry.
Critical and difficult decisions, such as new allocation of resources or rationing services, may be made more acceptable to interest groups if they are taken in the context of a political process that has brought the main players together.
That law, which regulates the quantity, timing and content of political speech, is making it increasingly acceptable for interest groups to attempt to advance their social agendas by limiting their adversaries' speech.
