For the other half, however, debt burden would still remain too high.

(d) Debt burden

Debt burden adjustment

There are also middle income, high debt developing countries that need a reprieve from the debt burden they face.

The PIIGS debt burden is so high that robust economic performance is next to impossible.

The fiscal disequilibria in Honduras and Nicaragua are very high, reflecting the external debt servicing burden.

Cutting the burden of Africa's debt

But if market nervousness persists and interest rates remain high relative to rates for secure German debt, the debt burden will rapidly become unsustainable.

However, while the HIPC initiative has removed the debt overhang for many countries, the burden of debt service payments remains high (see table 1).

Equally worrying is Africa's unsustainable debt burden.

Debt servicing accounted for the bulk of Africa apos s debt burden.

Many continue to bear a heavy debt burden.

(g) Resolving the burden of the external debt.

On the debt burden, we applaud debt relief for the highly indebted poor countries.

The burden of the debt has pauperized our peoples.

Africa needs debt cancellation, as no growth can take place with a heavy debt burden.

These schemes imply socialization of debt taxpayers elsewhere in Europe would share a country s debt burden.

Radical measures are necessary for reducing in the debt and debt servicing burden of developing countries.

Further measures were necessary to reduce the debt and debt servicing burden of the developing countries.

His delegation therefore supported the application of the debt burden adjustment based on the debt stock approach.

To free a neck ( from the burden of debt or slavery ) ,

To free a neck ( from the burden of debt or slavery ) ,

However, in the near future, the debt burden will remain heavy.

Decisive steps should therefore be taken to alleviate that debt burden.

But not enough has been done to alleviate the burden of multilateral debt or to assist countries that, despite a large debt servicing burden, are not in default.

Of course, many Americans recognize the scale of the country s debt burden.

And, without a return to growth, its debt burden will remain unsustainable.

Debt, however, is a burden imposed by current citizens on future generations.

But this would still leave Greece with an impossibly heavy debt burden.

Africa's heavy debt burden remains a major drain on its development potential.

The debt burden is crushing hopes for the relaunching of its development.

60. Debt relief measures should also be applied to multilateral debt, which currently accounted for much of the huge debt burden of many countries.

The countries of sub Saharan Africa are exhausted by the burden of debt and debt servicing, which obstructs their development.

The debt burden remains onerous for most African countries. Despite cancellation, the official debt of some among them has increased.

A lower debt burden would certainly help Japan deal with its economic slowdown.

Burkina Faso welcomes the decisions taken to reduce the poor countries' debt burden.

Africa further needs a viable and comprehensive solution for its huge debt burden.

65. Moreover, while debt burden indicators, which reflected the debt servicing capacity of countries, had improved at the aggregate level, in his country, debt stock, most of which was denominated in marks, was so great that debt servicing would be a burden for the next several years.

The debt burden adjustment was an integral part of the scale methodology, for external debt not only affected a country's capacity to pay but also placed a significant burden on its economy.

(d) In many developing countries, where the burden of debt and debt service constitutes a major obstacle to the revitalization of growth and development, there is a need for further progress towards alleviating the external debt burden of these countries

In spite of the increase in total debt, debt burden indicators, which largely reflect debt servicing capacity, have improved at the aggregate level (see figure 1).

In Europe, that means agreeing on burden sharing for re capitalizing countries where deficits and debt have cut off market access or led to prohibitively high borrowing costs.

Members of the Committee had divergent views about the debt burden adjustment, which reflects notional repayments of principal of external debt.

For the countries in which the debt servicing burden exceeded what the economy could sustain, debt crises ensued and arrears accumulated.

Unemployment and household debt remain stubbornly high.