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Otherwise, if a government allows its debts to rise too far, there will be an exodus of capital and labour that strains the ability to repay of the investors and workers who remain.
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He has admitted that he was under pressure from Seymour Tankleff to repay hundreds of thousands of dollars of loans.
A cousin is helping me to repay hundreds of thousands of dollars.
He was disbarred in 2000 for failing to repay hundreds of thousands of dollars in unused retainer fees.
The deal is necessary if Greece is to receive the bailout funds it needs to repay billions of euros of debt in March.
On December 4th Bank of Ireland announced plans to repay part of its bail-out, €1.8 billion of preference shares, to the Irish government.
The company, based in Seattle, said it would use $710 million of the proceeds to repay $620 million of debt, recording a $90 million pretax loss in the third quarter.
GoFish will use a portion of the proceeds to repay all of its outstanding debt and to cancel outstanding warrants.
Financial problems at the two investment trusts have worsened because of the Daewoo Group's failure to repay $78 billion of debt.
South Korea borrowed heavily on international financial markets to supply capital for its industrial expansion, but the success of its exports allowed it to repay much of its debt.
Many of those recipients can be expected to repay part of their debt during the leadership vote on Thursday.
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