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

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

The write off of multilateral debt for the world s poorest countries thanks to Britain s leadership is nonetheless especially welcome.

Urges the developed countries to write off the external debt of Mozambique in the light of its current effort to eradication of poverty.

The second major shock came with Argentina's currency collapse of 2002 3, after which Argentina's government demanded an extremely large debt write off.

Recent steps taken by the Group of Eight to write off 40 billion in debt owed by 18 countries, mainly African, were welcomed.

She welcomed recent G8 commitments to write off the multilateral debt of highly indebted poor countries (HIPCs) and to double their ODA by 2010.

Recent steps taken by the Group of Eight to write off 40 billion in debt owed by 18 countries, mainly in Africa, were welcomed.

Write off of losses of cash, receivables and property

Write off of losses of cash, receivables and property

Write off of losses of cash, receivables and property

Why debt relief now? Liberia obtained its debt write off by initiating profound changes in its governance and economic management in order to provide the institutional capability to manage debt prudently and spend resources wisely in the future.

Yet no one should write off Europe.

In promising that Germany would suffer no debt write off, Chancellor Angela Merkel made a promise she couldn t keep. Worse, by maintaining that stubborn position, eurozone negotiators have ensured that the eventual write offs will be even larger.

The sensible middle position would surely be an agreed write off of a portion of the outstanding Greek debt, combined with a five year moratorium on interest payments on the remainder.

Debt write offs should be considered in the first instance.

The analysis showed that, notwithstanding progress in the implementation of the enhanced Heavily Indebted Poor Countries Initiative, indebted African countries would not find themselves in a sustainable debt situation, and it recommended a debt write off for the poorest countries or the application of alternative debt sustainability criteria which would ensure a permanent exit solution to their debt overhang.

No one should write off California it still has great strengths.

ONUB appears to employ a vigorous policy to write off assets.

The G 8 countries agreement last year to a debt write off for the 18 poorest states 16 in Africa and two in Latin America is a splendid, but insufficient, beginning.

Without the preconditions that made the Brady Plan work, simply transplanting a debt write off would only augment uncertainty and fuel the political revulsion that already threatens to undermine European integration.

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

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

His recipe? Western countries should write off half a trillion dollars worth of debt owed to them by the Russian state corporations run by his pals from the Dresden KGB and the Ozero dacha cooperative.

A provision for a possible write off of this receivable is included in accounts payable.

Prepayments involve paying off at par the outstanding stock of debt.

The outstanding debt of all LDCs must be written off immediately.

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

In 2005, UNHCR will write off outstanding contributions in compliance with its financial rules.

That means emergency measures designed to write off a sizeable proportion of the debt, provide new credits, massively increase assistance to meet the most urgent social needs and, in particular, to increase access to food, water and energy.

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.

Nicaragua has written off 72.8 per cent of its debt over time.

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

This brought strong growth rates in good times. In times of crisis it had a negative impact although integration has prevented currency collapse or the write off of national debt, occurrences that we have witnessed during previous crises in emerging markets.

Its response was to offer targeted and expedited debt relief often by bringing in new temporary bankruptcy legislation that forced limited debt write downs.

This is hardly the first time I have stressed the need for wholesale debt write downs.

Of course, no one should write off the strength of China's export machine, even at the cheapest end of production.

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

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

The endgame is far more likely to entail a wave of debt write downs, similar to the one that finally wound up the Latin American debt crisis of the 1980 s.

Suppose my children have to pay off the debt to you that I incurred. They will be worse off.

In fact, this investment will never be repaid in full, so a large write off is inevitable.

Debt write downs and guarantees will inevitably bloat Germany s government debt, as the authorities are forced to bail out German banks (and probably some neighboring countries banks).

One reason that banks oppose debt write downs is that many underwater homeowners continue to repay debt rather than default, even while cutting back on other spending.

She helped Scott write the play The Vegetable, but when it flopped the Fitzgeralds found themselves in debt.