To escape from this morass, Greece needs a massive debt write down.

When it does, it must write down the principal value of that debt by at least 50 .

A long term alternative requires some capacity to write down debt where it has reached excessive levels.

The good news is that household debt is coming down through a combination of repayments and write offs.

A long term alternative requires some capacity to write down debt where it has reached excessive levels. But it is also necessary to establish an iron clad guarantee of some part of the outstanding debt, in order to remove fear of a complete write down.

The indispensible first step, however, is a deep write down of Greek debt to less than half its face value.

If they are expected to muddle through, a blanket debt write down would weaken banks and might slow economic growth.

Write that down.

But the official sector cannot write down its debt, because that would violate a number of taboos, particularly for the ECB.

LONDON Germany has been leading the opposition in the European Union to any write down of troubled eurozone members sovereign debt.

Write down your name here.

The debt GDP ratio was expected to top out at 150 absent the substantial write down of privately held debt, which was deemed unnecessary, the ratio would have been close to 250 .

There was no institutionalized write down of Latin American debt until five years after the crisis, when a haircut no longer threatened banks stability.

Rising spreads in Spain and Italy show that contagion is already occurring, even in the absence of an official decision to write down Greek debt.

Debt write offs should be considered in the first instance.

i don't need 2 write it down.

The most direct way to address the debt problem is a write down, coupled with recapitalization of those banks that will suffer large losses as a result.

But it is also necessary to establish an iron clad guarantee of some part of the outstanding debt, in order to remove fear of a complete write down.

Down with Debt Weight

Please write down what I am going to say.

I can testify from personal experience that investors would flock to Greece once the debt overhang was removed. But the official sector cannot write down its debt, because that would violate a number of taboos, particularly for the ECB.

Europe s debt problems should, in fact, still be quite manageable provided the requisite write downs and debt restructurings are implemented.

I write everything down I feel uneasy without my notebook.

Is with them the Unseen , and they write it down !

Is with them the unseen , so that they write down ?

Is with them the Unseen , and they write it down !

Is with them the unseen , so that they write down ?

We reduced them through debt write off and debt relief, as well as through the method of reducing our own debts.

Do they have access to the Unseen , which they write down ?

Or have they the unseen so that they write ( it ) down ?

Do they have access to the Unseen , which they write down ?

Or have they the unseen so that they write ( it ) down ?

EU member States recently agreed to support the G 8 agreement to write off debt.

Or do they have knowledge of the Unknown which they write down ?

Or do they know the future , and so they write it down ?

Or possess they the Unseen so that they can write ( it ) down ?

Or have they knowledge of the unseen , so they write it down ?

Or have they knowledge of the unseen , so they write it down ?

Is the unseen within their grasp so that they write it down ?

Or do they have knowledge of the Unknown which they write down ?

Or do they know the future , and so they write it down ?

Or possess they the Unseen so that they can write ( it ) down ?

Or have they knowledge of the unseen , so they write it down ?

Or have they knowledge of the unseen , so they write it down ?

Is the unseen within their grasp so that they write it down ?