Their leaders seem unable to come to grips with the eurozone s debt crisis.

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

This would be tantamount to a fiscal union, which could be empowered to issue Eurobonds, coupled with ex ante control of the issue of public debt.

Investors need to be reassured that debt service costs are under control, and that debt volumes and deficit limits are firmly monitored in order to minimize default risks and strengthen banks ability to lay the groundwork for sustainable growth.

Sustaining a high budget deficit over many years will lead to an unmanageable debt buildup, unless that debt is inflated away or restructured.

Territorial control

Territorial control can take the form of military occupation, control without occupation or temporary control.

The most important change that may keep the problem manageable is that China s monetary authorities have been putting the brake on the growth of these debts since late last year.

Controlling Chinese Television

Controlling China s Currency

Jamal lost control of his emotions.

Loss of control over our assets!

Control over the person of an applicant

Control over the infliction of the alleged violation

But there can be no doubt that, by keeping deficits under control, Latvia s public finances are in much better shape today, with debt sustainability no longer a problem.

Gun Control After Newtown

Military control over the civilian government had been ended.

Women cannot control vagina

Companies are losing control of their customers and their employees.

You must control yourself.

Battle of Tripoli Their main aim, once in control of Tripoli, was to control and protect strategic locations, infrastructure and other important sites.

Gun control is being able to hit your target!

The country simply cannot keep on piling debt upon debt.

The concept of control would then have to be widened so as to encompass normative control.

Technology projects the myth of control over our mortality.

Yet control is not creation.

The American Way of Debt

Control of these processes is the subject of ongoing research.

He also stressed the problem of debt.

Those who fear excessive public debt are the banks that hold it.

Right of control

Right of control

(a) Control

Control of the Internet is a major issue in China.

Upon gaining power, he began consolidating control over northern Sumatra.

It can result in the loss of control over biogenetic resources.

The police were again able to bring the situation under control without the intervention of UNAMSIL.

When the foreign share of debt grows, so do the political incentives to impose the costs of that debt on foreigners.

The Fifth Crusade (1213 1221) was an attempt by Catholic Europeans to reacquire Jerusalem and the rest of the Holy Land by first conquering the powerful Ayyubid state in Egypt.

Conquering Europe s Debt Mountain

Cutting the burden of Africa's debt

But the principle of debt forgiveness clearly has applications for public debt as well, especially in the eurozone.

Companies are losing control.

Inflation is under control.

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