Restructuring
in sentence
849 examples of Restructuring in a sentence
Perhaps the risk that a Greek debt
restructuring
would cause a financial meltdown was always minimal, and quiescent markets were to be expected.
Not surprisingly, leading bankers lobbied against debt restructuring, both behind closed doors and publicly.
One reason the Greek crisis is so difficult is that European banks are undercapitalized, overleveraged, and stuffed full of Greek bonds, thereby ruling out the possibility of
restructuring
– and thus lightening – Greece’s debt load.
Restructuring
the American-Chinese relationship will be more difficult to handle than the American/European one.
Others point to the
restructuring
of university social science departments.
Owing to a lack of distinct progress in
restructuring
and rebalancing the domestic economy, the next five years will be difficult, and the window of opportunity for adjustment will close rapidly.
Its report on the inability of the intelligence services, notably the CIA and the FBI, to prevent the September 11, 2001, terrorist attacks also contained a series of recommendations for
restructuring
these services to render them more effective.
Because privatization reduced bureaucratic control over firms, these firms have started
restructuring.
The Lethal Deferral of Greek Debt RestructuringATHENS – The point of
restructuring
debt is to reduce the volume of new loans needed to salvage an insolvent entity.
The very mention of debt
restructuring
was considered inadmissible and a cause for ridiculing those of us who dared suggest its inevitability.
That agreement, which is now the blueprint for Greece’s relationship with the eurozone, perpetuates the five-year-long pattern of placing debt
restructuring
at the end of a sorry sequence of fiscal tightening, economic contraction, and program failure.
And Greece is in the throes of a humanitarian crisis today because the inevitable
restructuring
of its debt has been used as an excuse for postponing that
restructuring
ad infinitum.
As a high-ranking European Commission official once asked me: “Your debt will be cut come hell or high water, so why are you expending precious political capital to insist that we deliver the
restructuring
now?”
An ex ante debt
restructuring
that reduces the size of any new loans and renders the debt sustainable before any reforms are implemented stands a good chance of crowding in investment, stabilizing incomes, and setting the stage for recovery.
Why do Greece’s creditors refuse to move on debt
restructuring
before any new loans are negotiated?
China’s rare earth sector is in the throes of a major restructuring, which could create a favorable environment for such a strategy.
The only alternatives to an IMF program are an inflationary spiral to dilute the real value of debt and other nominal liabilities, or a downward economic spiral that may cause a need for debt
restructuring.
The extended and politicized debate about debt
restructuring
has made a Hamiltonian solution more difficult, because the credit of the countries that would be party to it has become questionable.
A banking crisis that could have been resolved through a fair and decisive
restructuring
of unsustainable debts has ballooned into a much greater economic and political crisis that pits creditors against debtors, both within and among countries.
Restructuring
Greek debt in 2010 would have implied a financial hit for French and German banks (and the governments that stood behind them), but a much smaller loss than that implied by the mushrooming costs of an enduring crisis.
Painful
restructuring
is sure to follow.
On the verge of civil war, Iraq just announced a
restructuring
of its foreign debt.
Ideally, both sides will get their way, but it is difficult to see an endgame that does not involve significant debt
restructuring
or rescheduling.
All agree that Greece needs an orderly restructuring, because a disorderly default could cause a eurozone meltdown.
Recapitalization of the banks should wait until then; only the holes created by
restructuring
the Greek debt would have to be filled immediately.
This approach could then be replicated in the rest of the European Union, creating a movement to save the EU by profoundly
restructuring
it.
Even so, more than three years later, that union – which entails supervision by the European Central Bank and the beginnings of a fund for
restructuring
failing banks, but lacks a common system for deposit insurance – is far from perfect.
Recent court rulings in the United States have given the vultures the upper hand, and may make debt
restructuring
even more difficult, while enthusiasm for bailouts is clearly waning.
In doing so, the US embarked on a preposterous grand strategy that aimed no less at simultaneously dismantling Iraq’s tyrannical regime,
restructuring
the entire Middle East, destroying al-Qaeda, and helping democracy to take root throughout the Arab world.
America’s failures provide important lessons to countries around the world, which are or will be facing increasing problems with their banks:- Delaying bank
restructuring
is costly, in terms of both the eventual bailout costs and the damage to the overall economy in the interim.
Back
Next
Related words
Would
Which
Economic
Financial
Creditors
Economy
Countries
Should
Banks
Growth
Their
Could
Government
Private
Fiscal
Crisis
Sovereign
Other
Through
Sector