| It adds to the current budget pressure due to the economic crisis and the mountain of public debt. |
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| The Economic Affairs Minister said that public investment in water conservancy is necessary, even if it means increasing public debt. |
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| Perhaps the most onerous of those burdens is a public debt that is 106 per cent of the annual gross domestic product. |
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| By increasing the risk of default, they contend, any debt ceiling automatically violates the public debt clause. |
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| In most countries, the combined public debt of government, parastatals and utilities is what drives the secondary capital market. |
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| Deficits and the public debt have piled up mountainously since then, and few people care, least of all conservative Republicans. |
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| That meant tight budgetary discipline to control inflation, reduce the deficit and moderate the volume of public debt. |
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| With regard to the restructuring of public debt under Chapter 5a, Poland did not put forward any additional arguments. |
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| Imagine what the public debt would be in this country if the first nation governments fell under this category. |
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| The burden of public debt has diminished, as risk premiums ebbed, in line with the general deceleration of inflation. |
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| Since its creation, the Bank has also been the Government of Canada's fiscal agent, managing its foreign exchange reserves and the public debt. |
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| The domestic public debt is not the product of state profligacy. |
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| To Bentham, who willed his own body to the University of London, it was perfectly just to put the bodies of paupers to scientific use as a means of repaying their public debt. |
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| Countries that can provide information on residence of the holders of public debt should be encouraged to do so. |
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| They have created a public debt of such appalling magnitude that our descendants, for whom we had such high hopes, will come into this world as poor as church mice. |
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| The Greek authorities launched a privatisation policy to reduce public debt thanks to the earnings collected. |
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| The central bank is drafting a bill to be presented in Parliament during the budget session, which will seek to put a cap on government guarantees and public debt. |
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| We now need to observe how the idea of renewed growth and the reduction of inflated public debt can be conciliated. |
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| In view of the favourable budgetary starting position and the very low level of the public debt, these measures are appropriate and welcome. |
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| The growing public debt is simply the flipside of growing state interventionism in the aftermath of the financial crisis. |
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| Yet another key concern of the triple crisis is the increasing fiscal deficits and public debt. |
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| All in all, the current level of public debt and its cost are thought to be sustainable. |
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| Other priorities are the repayment of high public debt and restructuring pension schemes. |
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| Risky credit, public debt creation, and European structural and cohesion funds were mismanaged across almost four decades. |
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| Thanks to a relatively low public debt and a balanced federal budget, Switzerland, in comparison with most industrialised nations, is in a very good position. |
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| Founded in 1407 to consolidate the public debt which had been escalating due to the war with Venice for trading and financial dominance. |
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| According to all of the indicators, we will have good growth next year, but we will grow less than last year, and that means that public debt will continue to cause concern. |
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| As a result of the STYRENIX asset write-down, the permitted amount of secured debt under the terms of NOVA Chemicals' public debt indentures will be reduced. |
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| Government stimulus packages made a big contribution to growth in the previous quarters, but the other side of the coin is a fast-growing public debt in a number of countries. |
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| The first one proposes the terms have to be considered by an auditor in order to test whether the public debt and its relating concepts have been defined and classified clearly and according to hermeneutical standards. |
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| However, the problem of deflation continues to affect consumer sentiment in Japan while the overall tenor of macroeconomic policies is bedeviled by the country's huge public debt. |
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| The final straw was the extent to which the Canadian economy got caught up in the backwash of the 1994-95 Mexican peso crisis because of our high and unsustainable levels of public debt at that time. |
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| Commissioner, you promised that you do not support procyclical reform in the Member States, the level of public debt that is taken on board and so on. |
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| They reduce public debt, for example in the case of privatisation, a course of action which was pursued by most euro area governments in 1999 and earlier. |
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| The proportion of foreign currencyy denominated public debt is low. |
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| For a number of years, many countries have been following a policy of fiscal consolidation with a view to reducing the growing burden of public debt and providing more space for private investment activity. |
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| Thirdly, there are no reliable data on domestic public debt. |
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| The Law of 5 September 2001 guaranteeing a continuous reduction in the public debt and the setting up of the Ageing Fund also provided for the creation of the Study Committee on Ageing within the High Council of Finance. |
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| Steps were taken to maintain a high level of awareness with respect to accounting developments regarding debt, public debt interest and other financial instruments. |
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| And US-UK financial medias are blowing as much as they can on the fire to try to prevent people to looking at their own more dangerous public debt problems. |
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| Switzerland has a low level of public debt compared with other countries. |
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| Since his victory on 15th January, Mr Correa focused his efforts on two subjects: the convocation of a constituent assembly and the examining of the external public debt. |
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| High levels of public debt cannot be sustained indefinitely. |
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| Britain blockaded the American colonies economically so the American public debt increased dramatically. |
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| According to Modern Monetary Theory, public debt is seen as private wealth and interest payments on the debt as private income. |
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| These are the dominant economic entities setting policies regarding public debt. |
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| The central government itself did not borrow money, and without public debt had to fund deficits from cash reserves. |
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| The Forum blamed the deficit, public debt and the low savings rate as the main factors for the slump as well as a slight falloff in the performance of financial markets. |
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| Nor have social expenses contributed significantly to public debt. |
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| The accumulation of deficits over time is the total public debt. |
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| Public debt is the total of all borrowing of a government, minus repayments denominated in a country's home currency. |
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| Public debt of this magnitude can provoke punishing tax rates and crowd out private investment. |
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