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The easiest way to compensate councils would be to write off at least some of their housing debt.
He is still pressing for Greece's creditors to write off at least half the country's swollen public debt, now almost 175% of GDP.
And, of course, write off at least part of its unsustainable debt of some €310bn (£225bn), the servicing of which costs the economy some 4 per cent of its GDP annually and is crippling any chances of proper recovery.
The F.H.A. program — called Short Refi — requires major concessions from lenders, which must agree to write off at least 10 percent of the principal balance, and from investors, who, if they own the mortgage, must also agree to the deal.
Hyundai wants them to write off at least half of the 9.1 trillion won ($7 billion) owed by Kia and Asia Motors, and swap another 2.5 trillion won of debt for equity.
A slump in copper exports would wipe out Zambia's expected 5% annual growth this year.Nor is this good news for Anglo, which will write off at least $350m from its foray.
Similar(48)
Perhaps Federer, written off at twenty-nine an an honorary A.A.R.P. member, was back.
Grenoble's motivation comes from being written off at the start of the season.
She says she was written off at school, but now has an interview for a PhD place.
That gives the banks some scope to roll over troublesome loans that may be repaid at a later date, or written off at a more convenient time.
Of course, Woods can never be written off at the course he calls "my favourite on earth", regardless of the state of either his life or his game.
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