Insolvency
in example sentence
Agreement to create both a liquidity-provision facility and an
insolvency
procedure has implied revisiting fundamental principles – not least the no-bailout clause – showing that Europe can learn from experience.
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.
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