Yes, I know we need it now. Bills, insurance payments, back rent.

Meanwhile, the lion s share of the new budget, 63 , will go to the military, police, administration, and debt service.

Greece s default on its national debt need not mean an explicit refusal to make principal and interest payments when they come due.

He was also requested to include in the regular budget an amount sufficient to pay interest and instalments of principal, in accordance with the terms of the issue.

With a smaller debt burden and interest payments, Egypt s fiscal position would improve significantly, and threats to economic growth would recede.

Interest payments, which consume more than 10 of Germany s federal budget, will grow along with the mounting debt burden and even faster if interest rates rise.

Extending this idea to sovereign debt, government bond covenants could stipulate that if a sovereign s debt GDP ratio exceeds a specified threshold, principal and interest payments to bondholders would be automatically reduced.

In the process, four Wall Street banks that enabled Detroit to issue a total of 3.7 billion in bonds since 2005 have reaped 474 million in underwriting fees, insurance premiums, and swaps.

(d) An amount of 194,700 would provide for night and weekend security services the insurance premiums to cover third party liability, premises and increased coverage for the enlarged pool of electronic data processing equipment and the direct telephone connection with the local fire services