Insolvency in example sentence

After all, the claim that the risk of loss will arise only for debt issued after the new crisis-resolution mechanism starts in 2014 implies that all debt issued until then is safe, and that insolvency can occur only in some distant future, rather than now, as in Greece and Ireland.

More example sentences with word insolvency

My friends, many in their 50s and 60s, were looking at a downward mobility, a work-for-life proposition, just a job loss, medical diagnosis or divorce away from insolvency.

And the IMF did impose conditions on its loans to Greece – including fiscal austerity, privatization, and structural reform of its pension and tax systems – most of which were necessary to address the country’s insolvency.

Unlike Greece, Asia’s problem was not an insolvency crisis, but a liquidity crisis, caused by a sudden reversal of capital flows.

But, as its creditors have now recognized, providing more money will not address Greece’s insolvency.

All example sentences