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The authors would prefer to modify it, arguing that there is a need for some fiscal constraint within a monetary union, to discourage reckless borrowing in a single country that may push up interest rates across the whole area.
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Most lenders would invariably prefer to modify loans rather than be taken to court.
Another obstacle is that banks are generally loath to modify loans by reducing principal, which would require them to take big upfront losses that they would prefer to postpone.
I would prefer to speak to them.
"I would prefer to use a carrot".
I would prefer to stop this exchange.
I would prefer to be closer.
"We would prefer to be indoors".
She craves oblivion; would prefer to disappear.
Qatada would prefer to stay here.
They would prefer to be working.
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CEO of Professional Science Editing for Scientists @ prosciediting.com