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"There is a contractual obligation to make payment in euros," he says.
A letter of credit is essentially an authorization made by a buyer to his agent (usually a bank) to make payment to a seller.
Including "restructured assets", loans whose terms have been rejigged to make payment easier, troubled assets are 10% of all lending (see chart).
And he seems to have gone to considerable trouble to make payment as invisible as possible — which is pretty elegant, no?
Fortunately, several other large member states were willing to make payment in advance for their own annual assessments for the forthcoming year.
"At this point I'm a year behind," he said, "and not because I didn't try to make some type of arrangements to make payment".
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Clarke should realise that advice from the sector which stands to make payment-by-results money from the changes is worth less than the views of those who are or have been embedded in the system and want reform for all the right reasons.
Many homeowners struggle to make payments.
"People need to make payments without risk," he says.
The Rig Workers Assistance Fund has not started to make payments.
A longtime customer needed extra time to make payments?
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com