Sovereign debt restructuring

(d) Debt burden

Debt burden adjustment

Sovereign Debt at Square One

Sovereign debt for sustained development

How to Default on Sovereign Debt

Sovereign debt no longer looks stable.

Sovereign debt restructurings with private creditors

Cutting the burden of Africa's debt

A New Approach to Eurozone Sovereign Debt

The sovereign debt crisis is well known.

The Root of All Sovereign Debt Crises

Investors were not worried about default risk on Spanish or Irish sovereign debt, or about Italy s chronically large sovereign debt.

The consultations also explored possible modalities of a debt workout mechanism aimed at efficient and equitable burden sharing among affected parties, such as the sovereign debt restructuring mechanism (SDRM) proposed by IMF.

The alternative is either a sovereign debt crisis, followed by a destructive spike in borrowing costs, or a growing burden for subsequent generations of taxpayers.

Equally worrying is Africa's unsustainable debt burden.

Need for systemic coherence in managing sovereign debt

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

The sovereign debt and banking crises have become even more closely interlinked as banks bought greater amounts of their home countries sovereign debt.

Many continue to bear a heavy debt burden.

(g) Resolving the burden of the external debt.

This means no cross border sovereign debt (or esoteric instruments, such as collateralized debt obligations).

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

The burden of the debt has pauperized our peoples.

The country s sovereign debt should have been restructured without delay.

The link between sovereign debt and bank debt has to be broken once and for all.

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

Sovereign debt was eventually restructured through the creation of Brady bonds.

Greek sovereign debt has been downgraded to below that of Egypt.

Table 3 Recent sovereign debt restructurings with private creditors main features

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.

With the onset of the European sovereign debt crisis in 2010, banks appetite for public debt fell again.

And the evidence confirms that the euro crisis is not really about sovereign debt, but about foreign debt.

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.

Currently, they are wrestling with widening sovereign debt problems and high unemployment.

Interest rate spreads on Italian sovereign debt have widened, but not sharply.

In Europe, risks spreads are rising on Italian and Spanish sovereign debt.

So governments bailed out banks and economies, producing a sovereign debt crisis.