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With growing pressures on natural resources, and undeniable environmental impacts of the fashion industry, businesses will need to respond – whether through loaning, servicing, repairing or sharing models.
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Most of that obligation can be met through loan modifications and other relief.
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Less than 10percentt of the distress had been resolved through loan modifications or sales.
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Ms. Merkel pledged that Cyprus's European partners would support the country through loans worth €10 billion in the coming years.
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