These are essentially refinancing mechanisms.

Indeed, Deutsche Bank has already stopped participating in refinancing operations.

We strongly support pursuing the establishment of such a facility, including refinancing mechanisms.

The ESM should be sufficient to deal with the refinancing needs of Greece, Ireland, and Portugal.

Without additional refinancing mechanisms, there would be a sharp decrease in flows of official development assistance after 2015.

Nonetheless, the ECB has provided large amounts of liquidity to the financial system, indirectly softening the pressure on government debt refinancing.

The ECB s long term refinancing operation enabled Spanish and Italian banks to buy their own countries bonds and earn a large spread.

Early warning and early action

Early response demands early warning.

Audience Early detection, early response.

Smallpox early detection, early response.

The polarization of borrowing costs has politically explosive distributional effects Germany is borrowing and refinancing its existing debt at artificially low interest rates.

With international investors no longer willing to finance this deficit, and even shying away from refinancing existing Greek debt, only three possibilities remain.

To the extent that banks are, by far, the ECB s main instrument for non standard refinancing, this message is particularly important in Europe.

The exemption for secured debt undoubtedly concerns mainly the refinancing loans that the ECB has extended to commercial banks against increasingly weak collateral.

Blindness, polio early detection, early response.

The economy grew, but mainly because American families were persuaded to take on more debt, refinancing their mortgages and spending some of the proceeds.

If this continues for two more years as it has for the past three, the stock of refinancing loans in Germany will disappear altogether.

As a result, refinancing of mortgages will grind to a halt, leaving no money to draw out of housing to sustain Americans consumption binge.

Indeed, Italy boasted the lowest deficit to GDP ratio in the eurozone, and the Italian government had no problem refinancing at attractive interest rates.

The ECB has been providing virtually all of its refinancing credit to the eurozone s five crisis stricken countries Italy, Spain, Portugal, Greece, and Ireland.

Come along early, but not too early.

You're early. I've got the early shift.

Moreover, it has provided loans to the banking sector, recently launching a three year refinancing operation that generated demand from eurozone banks for 489 billion.

The bank s overnight deposit facility rose from 250 billion to 400 billion just after the extraordinary refinancing operation and to 480 billion in recent days.

Early?

Early.

Early marriages and early childbirth are the norm.

That's not early detection. That's not early intervention.

In doing so, however, it put itself in peril, because the only way to implement the shift was by lowering the collateral requirements for refinancing credit.

But we need to have early detection, early response.

Sell to early customers who we call early evangelists.

I'm early. But I trust I'm not too early.

Indeed, some experts, too, believe that the crisis can be resolved simply by refinancing banks, and that the impact on the real economy will be relatively limited.

Sixth, rising government debt ratios will eventually lead to increases in real interest rates that may crowd out private spending and even lead to sovereign refinancing risk.

The ECB shifted its refinancing credit and money creation to the tune of 900 billion toward southern Europe and Ireland, as measured by the Eurosystem s Target balances.

Creating skills, establishing market connectivity, expanding infrastructure and services, and then refinancing and sharing the risk of financing micro and small enterprises would all require additional finance.

56. In February 1993, the Lieutenant Governor held consultations with major insurance companies while attending a meeting in New York on the subject of insurance bond refinancing.

Early warning

Early Warning

Early marriage

Early marriage

Early warning

Early morning

Finished early