The Revolt of the Debtors

Millions, who have lent it their money, fear the worst.

Come to my office tomorrow, I'll give you a list of the people that owe me.

Oh, that's a list of my debtors.

Creditors have better memories than debtors.

In debt crises, blame tends to fall on the debtors.

It should be comprehensive for all debtor countries.

Viewed from creditors perspective, the age of cheap finance for the indebted countries is over.

The attempt to impose a benevolent creditors dictatorship is now being met by a debtors revolt.

This is an issue already raised by some government officials from debtor countries.

They were accompanied by bailiffs in search of tax debtors.

According to Secretariat data, Belarus was one of the seven debtor countries vis à vis the regular budget and one of the nine debtor countries vis à vis the financing of peace keeping operations.

However, monetary policy is a much more awkward, indirect and imprecise way of choosing winners and losers than fiscal policy.

During the 18th century, Fleet Prison was mainly used for debtors and bankrupts.

Debtor country governments have also bought back their debt on the secondary market.

The United States and Germany are at opposite extremes of the creditor debtor scale.

Dividing debtor countries into sub categories would hamper debt reduction initiatives.

What matters for debt service capacity is the debtors' income, not the general price level.

But debtors can expect to face negative consequences in the form of a ban on leaving the country, for example.

The Loan View shows a list of all the people who have borrowed items from your collection.

29. Existing official debt reduction schemes had failed to improve the difficult situation of debtor countries. While debt reduction schemes

Just as it is the responsibility of creditor regions in the world s other currency unions to support the debtor regions (which they do through a variety of means), it is up to the eurozone s creditor regions to underpin its debtor regions solvency.

Risk premiums widened, and the eurozone was divided into creditor and debtor countries.

The debtors prisons of the nineteenth century were a failure inhumane and not exactly helping to ensure repayment.

Calling each one of his lord's debtors to him, he said to the first, 'How much do you owe to my lord?'

So he called every one of his lord's debtors unto him, and said unto the first, How much owest thou unto my lord?

55. International assistance was needed to relieve the crushing debt burden of the poorest and most indebted developing countries.

5. Calls upon the heavily indebted poor countries to take, as soon as possible, the policy measures necessary to become eligible for the enhanced Heavily Indebted Poor Countries Initiative and to reach the decision point

When it suits them, the euro is no longer the currency of a highly successful and integrated economy, but a currency shared by a collection of sovereign creditor and debtor countries, and the IMF thus has a responsibility to support the debtor members.

Otherwise, a liquidity run would create solvency problems for all the big eurozone debtors.

For the prospects of low income, heavily indebted developing countries, this is a particularly worrisome concern.

Often, debtor countries are squeezed so hard for payment that they are bankrupt again after a few years.

Repayments followed from other large debtors, including Indonesia, the Philippines, Serbia, and Turkey.

That will save the euro, but it is also a step toward the permanent division of Europe into debtors and creditors.

In 1992, the representative of Japan had been upset surprise that his country had been included among the traditional debtors.

Member countries are now divided into two classes creditors and debtors with the creditors in charge. As the largest and most creditworthy country, Germany occupies a dominant position.

Member countries are now divided into two classes creditors and debtors with the creditors in charge.

The long term sustainability of debt also depends on the growth and export prospects of debtor countries.

37. The debtor countries, lending countries and Bretton Woods institutions should work together in order to solve the debt problem.

However, they had not taken any vigorous action to enhance the reimbursement capacity of the debtor countries.

Recently, the Dominican Republic and Jordan, not counted among the 16 major debtors, also completed agreements with their banks.

The Russian Federation felt that solutions that were acceptable to all the parties concerned should be found through the efforts of debtors, lenders and the Bretton Woods institutions.

Special measures should be adopted to alleviate the burden of debtor countries that had honoured their commitments in spite of difficulties.

No, I went around to one or two of the firm's small debtors and collected their accounts in cash and gave them the receipt without a carbon copy in the book.

The division between debtor and creditor countries will become permanent, with Germany dominating and the periphery becoming a depressed hinterland.