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Creditors in sentence

1217 examples of Creditors in a sentence

Greece’s private creditors were more than happy to pour money into the country, only to shirk their burden-sharing responsibilities when the artificial boom could no longer be sustained.
Overeager creditors willingly underwrote this absurd risk premium.
Yet, when it became abundantly clear that Greece’s debt burden had been taken to insolvency levels, creditors delayed the moment of truth.
But neither the Greek government nor its private creditors acted in a vacuum.
All of this served to sustain the fantasy world that both Greece and its creditors happily inhabited for far too long.
Second, they should deal with both creditors and debtors – some countries’ solutions address only one or the other, sowing the seeds for future problems.
Greece’s creditors (mostly eurozone residents) have already accepted some of the burden by accepting a “haircut” on their assets.
But, if another country finds itself unable to bear the fiscal cost of the crisis, will it also shift the burden to its external creditors in some form or another?
But creditors have challenged the move in court, with the US Supreme Court set to issue a ruling by the end of June.
US creditors and lawmakers must accept that reality, and act accordingly.
And, in fact, as foreign public creditors replaced private debt holders and interest rates were lowered, Greece’s overall debt, while still high, became more sustainable.
This assumption makes sense, however, only when a government issues debt in its own currency; only then can it order its central bank to print enough money to pay its creditors.
Varoufakis thought political union would relax creditors’ stranglehold on his economy and create room for progressive politics across Europe.
The price of bank failures should be paid by the banks’ owners and creditors; we should have bail-ins rather than bailouts.
When banks in the former fail, it is creditors in the latter that would bear the cost.
In a vote on July 5, the Greek electorate resoundingly rejected demands for further austerity by the country’s foreign creditors: the European Central Bank, the International Monetary Fund, and the other eurozone governments, led by Germany.
It is important to remember that the creditors in this instance are not a bunch of oligarchs or wealthy private bankers, but the governments of the other eurozone countries, democratically accountable to their own electorates.
Doing so might have facilitated the sharing of the burden between debtors and creditors and prevented the emergence of the us-versus-them attitude that poisoned the relationship between Greece and the institutions of the eurozone.
After all, the terms on offer from the country’s creditors are unlikely to change much.
Despite being up to its neck in debt - its obligations equal 75% of GDP - Russia appears able to pay its creditors.
Only in 1996, was the scale of Russia’s inherited Soviet debt burden acknowledged in the form of 25-year rescheduling agreements concluded with the Paris and London clubs of government and commercial creditors.
Will Russia’s official creditors be less blinkered than in 1991-92?
Russia’s Paris Club creditors are right in seeking a new IMF arrangement to keep Putin on track and create the discipline of monitored performance.
It is also right that Paris Club creditors receive meaningful repayment.
And Greece, for example, has relied on money from international creditors to keep its head (barely) above water, rather than genuinely reforming its pension system or improving its business environment.
At some point, the IMF’s strategy, which should be focused on the distressed country’s citizens and its creditors, should depart from that of the eurozone, which is more willing to sacrifice individual countries’ interests for the larger interest of the monetary union.
Since we do not have time for Chapter 11 proceedings and we do not want to bail out all the creditors, the lesser evil is to do what judges do in contentious and overextended bankruptcy processes: impose a restructuring plan on creditors, with part of the debt forgiven in exchange for equity or warrants.
What starts as a debt problem, however, easily becomes a currency problem when foreign creditors and the locals just as much flee to the safe haven of the dollar.
Any day, creditors could stage a run, demand immediate repayment only to find that there was no money to meet their claims.
Not surprisingly, to face this risk creditors demanded record interest rates.
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