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Creditors in sentence

1217 examples of Creditors in a sentence

In short, the financial revolution of the modern world was built on a political order – which anteceded a full transition to universal democracy – in which the creditors formed the political class.
In the 1930’s, during and after the Great Depression, a strong feeling that the creditors were illegitimate and unethical bloodsuckers accompanied widespread default.
Shortages of some goods have started to appear, and the country is turning to the International Monetary Fund and other creditors for emergency financing.
But the cause was that our creditors, the so-called Troika (the European Commission, the European Central Bank, and the International Monetary Fund), made clear that they would close down our banking system to force our government to accept a fresh extend-and-pretend loan agreement.
Or was it the Troika’s explicit threat of bank closures (which were actually imposed when we dared to put our creditors’ ultimatum to the Greek people in a referendum last July)?
The relevant question is whether we were right to confront the Troika – a central plank in our January 2015 electoral platform – or whether we should have signed up to our creditors’ “Greek program.”
Saving Somalia Through Debt ReliefLONDON – Julius Nyerere, the first president of Tanzania, once asked his country’s creditors a blunt question: “Must we starve our children to pay our debts?”
Creditors range from rich countries like the United States, France, and Italy, to regional governments and financial institutions, including the Arab Monetary Fund.
Other creditors have endorsed this approach through silent consent.
The World Bank and major creditors could convene a creditor summit to agree to terms for a prompt debt write-off.
It is indefensible for the IMF and other creditors to obstruct Somalia’s access to financing because of arrears on a debt incurred three decades ago as much through reckless lending as through irresponsible borrowing.
Its fraught negotiations with its creditors should spur other countries to take action to address their own debt overhangs.
Given that central banks are owned by the government, and that interest paid on outstanding bonds is remitted back to the national treasury, these government bonds are fundamentally different from those owned by other creditors.
Asian banks had to demand the repayment of loans from industrial borrowers, so that the banks could pay off their own foreign creditors.
The details differ, but the idea is the same: creditors are shifting the entire burden of adjustment onto debtors, while the “center” avoids its own responsibility for the imbalances.
The Greek crisis is liable to come to a climax in the fall, even if the election produces a government that is willing to abide by Greece’s current agreement with its creditors.
A “Speech of Hope” for Greece would make all the difference now – not only for us, but also for our creditors, as our renaissance would terminate the default risk.
Greece’s Soft Budgets in Hard TimesBRUSSELS – The first de facto default of a country classified as “developed” has now taken place, with private international creditors “voluntarily” accepting a “haircut” of more than 50% on their claims on the Greek government.
As a result, Greece now owes very little to private foreign creditors.
Even so, Argentina went bankrupt, because wealthy Argentines had spirited their assets out of the country, and thus out of the reach of the government, while poor Argentines refused to pay the taxes needed to satisfy foreign creditors’ claims.
If this means that the debt-to-GDP ratio will be higher than 120% in 2020, we devise smart ways to rationalize, re-profile, or restructure the debt – keeping in mind the aim of maximizing the effective present value that will be returned to Greece’s creditors.
This is not, however, a testament to the dollar’s role as a reserve currency – after all, the fiscal gap is a bill that needs to be paid, and creditors would regard any attempt by the US to devalue the repayment by printing money and stoking inflation as tantamount to default.
In such circumstances, restructuring is desirable, because it prevents the money injected by the IMF from simply going to pay off a country’s creditors, which in Ukraine’s case includes Russia.
And because, like the ESM, it is conditional, it would do nothing to alleviate the tension between creditors and debtors.
If, someday, America's creditors decide that they want to hold fewer dollars, it could set off large exchange rate movements, causing global instability.
China is responsible for the savings side, while the US disproportionately accounts for the consumption side, ultimately turning the Chinese into America’s creditors.
Western creditors?
Creditors might even have received more in the end.
When that day arrives, Americans had better pray that their creditors will be as happy to accept dollars as they are now.
That’s what happened in May 2010, when Merkel’s government was forced by the French triumvirate of European Central Bank President Jean-Claude Trichet, IMF Managing Director Dominique Strauss-Kahn, and French President Nicolas Sarkozy to violate the Maastricht Treaty by establishing a rescue fund for Greece’s foreign creditors, primarily French banks.
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