Greece would also have to restructure and reduce its public debt again.

They could have said to their EU colleagues, Look, we have no choice but to restructure what is clearly an unsustainable debt.

Portugal, for example, may eventually have to restructure its debt and exit the euro.

They can t restructure their economy instantaneously.

African governments must undertake industrial policies to help restructure their economies.

For example, a growth rebound underpins the expectation that the European periphery will not restructure or inflate away its sovereign debt.

And yet, in the end, Greece had little choice but to restructure its debt, cutting the value of private claims by about 75 relative to their face value (although even this is probably not enough to make the country s debt burden sustainable).

Of course, a breakup now would be very costly, requiring an international debt conference to restructure the periphery s debts and the core s claims.

It also won't allow Puerto Rico to restructure its debt or change the fact that the island can't benefit from US Bankruptcy Law.

If Greece were forced to restructure its debt and impose a haircut on holders of its bonds, the ECB would incur a sizeable loss.

The Greek people are making an almost superhuman effort to stabilize their finances and restructure their economy.

Banks and bond holders had lost hundreds of millions of dollars, but opted to restructure his debt to avoid the risk of losing more money in court.

The Government of Jordan continued its efforts to restructure the public debt stock, gradually replacing external by domestic sources with the external debt to GDP ratio declining from 76.4 per cent to 69.7 per cent during 2003 2004.

Italy and Spain have enough resources to rescue themselves, and to secure the time needed to restructure their economies. Indeed, even after taking on the entire national debt, their private wealth GDP ratios would still be higher than they are in some northern European countries.

African countries must restructure their domestic financial sectors and develop capital markets and non bank financial institutions.

Their collective commitments to stimulate, regulate and restructure global economic activity helped to calm nerves around the world.

You asked us to restructure our economies.

Italy and Spain have enough resources to rescue themselves, and to secure the time needed to restructure their economies.

Head of the project to restructure domestic security

More eurozone countries will be forced to restructure their debts, and eventually some will decide to exit the monetary union.

Both countries express a determination to find collaborative ways to restructure their energy mixes with new, low carbon energy technologies.

Moreover, how to restructure the financial system remains unclear.

Third, regulation could be used to reconcile Greece s need to restructure now with the banks wish to wait until their balance sheets are stronger.

Their debt would suddenly become sustainable.

Concerned that many developing countries continue to struggle for a durable solution to their serious debt problems, where continuing debt and debt servicing obligations adversely affect their sustainable development,

(c) To continue to bring together international debtors and creditors in relevant international forums to restructure unsustainable debt in a timely and efficient manner, taking into account the need to involve the private sector in the resolution of crises

Their international reserves would decline and or their debt would rise.

This could then have been complemented by a simultaneous agreement to restructure private debts.

At last Gorbachev attempted to restructure the Soviet Union into a less centralized state.

In 2005, the UAF was planning to restructure in an effort to improve efficiency.

(c) To bring international debtors and creditors together in relevant international forums to restructure unsustainable debt in a timely and efficient manner, taking into account the need to involve the private sector in the resolution of crises due to indebtedness, where appropriate

European Union officials argue that it would be catastrophic to restructure any member s debts proactively.

Some states, like Virginia, had already paid much of their debt, and others saw their debt as having become a financial game for New York speculators.

Advances in the longstanding efforts to reform and restructure the transport sector have had mixed success.

Debt equity swaps rescue the banks without rescuing their shareholders.

BERKELEY After a year and half of delay and denial, Greece is about to restructure its debts.

That debate, more importantly, is about how Arab countries should restructure themselves in the twenty first century.

Faced with foreign opposition, the government should have announced its decision to restructure as a fait accompli.

It is necessary to restructure it from the current term based system to a concept based system.

The idea of bringing back debtors prisons may seem far fetched, but it resonates with current talk of moral hazard and accountability. There is a fear that if Greece is allowed to restructure its debt, it will simply get itself into trouble again, as will others.

The goal would be to ensure that developing countries can employ the kind of trade and industrial policies needed to restructure and diversify their economies and set the stage for economic growth.

Remarkably, Japanese savers soak up some 95 of their government s debt.

Debtor countries pay substantial risk premiums for financing their government debt.

Therefore governments rarely default on the entire value of their debt.

The Greek people are making an almost superhuman effort to stabilize their finances and restructure their economy. But the government continues to miss its fiscal targets, more because of the global slowdown than through any fault of its own.