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The loans would be repayable when the homes were sold.
Domestic debts either would be converted to a devalued national currency, inflicting severe losses on creditors, or would be repayable in euros, bankrupting debtors.
The loans, on which interest would be charged to cover councils' costs, would be repayable on sale of the properties after death.
"The proposal will in effect raise the amount of borrowings from the E.U./I.M.F. by €30 billion which would be repayable at competitive rates most likely beginning in fifteen years," said Jim Ryan, an analyst at Dublin-based Glas Securities, in a note.
Similar(56)
If used, the loan will be repayable when the deal closes.
They may not be repayable until 2037 but they represent an ever increasing debt burden.
Again, it will be repayable only once you have left and are earning more than £15,000 a year.
The figure is likely to increase in future years, but the loan will only be repayable once you have finished and are earning more than £15,000 a year.
The loans will be available through its business arm, 118 118 Money, and be repayable over a 12- to 24-month period.
The grants will not be repayable or restricted to any specific sectors.
Banker bonuses are to be deferred by up to 10 years, and could be repayable if the bank has to be bailed out.
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