Examples of using External borrowing in English and their translations into Greek
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Instead they were relying on external borrowing.
The widespread external borrowing by the state in the period that followed, exacerbated the fiscal problems.
Domestic borrowing is getting larger than external borrowing.
Funded by external borrowing and capital inflows, these have helped boost investment and growth.
What was the impact of external borrowing at that time?
The national debt soared to dramatic levels after the Catastrophe as the result of external borrowing.
For the first 183,the country remains without external borrowing, the central bank announced.
This should be especially true for the government,which based Turkey's GDP growth during the past decade on cheap external borrowing.
These activities aim at reducing the dependence on imports and external borrowing, at supporting employment and respecting the environment.
Due to the"wage and budget developments, the current account deficit widened even further to 13% of GDP,financed by additional external borrowing.
External borrowing became more and more difficult at a time when Greece had launched an extensive program of spending to upgrade its economic infrastructure.
This money could only be brought in through external borrowing.
Serbia should ease dependence on external borrowing, boost domestic savings and attract foreign investments, according to the IMF.
The ministry on Oct. 16 authorized three international institutions- Deutsche Bank, Goldman Sachs, and Societe Generale- to issue adollar-denominated bond due 2023, as part of the 2018 external borrowing program.
As Westin confirms,"within the IMF programme,we do have limits on external borrowing that will put a ceiling on how much the government can issue at this stage.".
For more than 30 years, FORUM SA has been active in the field of professional exhibitions andpublications. During this time, the company has never been exposed to external borrowing, as it is strictly self-financed.
Turkey's economic growth under the AKP relied on foreign funds,mainly external borrowing of some $460 billion, with the funds used mostly for domestic consumption.
Greece's present condition reflects the actual productivity of its economy, namely that the improvements in the first eight years of the 21st century were illusory,a result of increased consumption made possible by external borrowing.
Before course refer to the period after 1960,it should be noted that from 1932 to 1945 we had no external borrowing, while had frozen the service of old loans due to the global crisis and war.
As part of the 2019 external borrowing program, the Treasury and Finance Ministry has mandated BNP Paribas, Citigroup and HSBC for the issuance of a dollar-denominated bond due 2024,” the ministry said in a statement yesterday without providing other details on the issuance.
However, budget policy cannot do much in order tocorrect rising current account deficits when domestic credit to and external borrowing by the private sector are surging.
Indeed, external borrowings by Greek firms in the form of corporate bonds remained virtually non-existent over the pre-crisis period, while foreign savings channelled by Greek banks mostly benefitted households.
In order to offer optimal services to its visitors, the Library introduced the special Friend of the Library membership card, which allows members to enjoy a series of privileges,such as external borrowing of material and online access to databases.
Weighing up all the facts, the unfavorable international environment,the difficulties in resorting to external borrowing and the additional economic impact from the recent events, I believe that the economy is in a state of emergency, comparable to that of 1974," Orphanides wrote.
These findings offer insight into the unsustainable macroeconomic dynamics that preceded the crisis- capital accumulation was artificially driven up by a real estate bubble, 10 andwas especially pernicious because investments in overvalued assets were financed through external borrowing.
Weighing up all the facts, the unfavorable international environment,the difficulties in resorting to external borrowing and the additional economic impact from the recent events, I believe that the economy is in a state of emergency, comparable to that of 1974," Orphanides wrote.
When Moody's placed Turkey's Ba2 rating on review for downgrade on 1 June, the rating agency stated that the outcome of the review would mainly rest on the coherence and predictability of the policies pursued by the government andthe extent to which the policy framework would restore adequate financing of Turkey's large external borrowing requirements.
Weighing all the facts, the unfavourable international environment,the difficulties in resorting to external borrowing and the additional economic impact from the recent events, I believe the economy is in a state of emergency, comparable to that of 1974," Orphanides said, referring to the Turkish invasion and its aftermath.
By 2015, Equatorial Guinea's hydrocarbon activity had declined by 8.9% and with the country's overall economy dropping by 7.5% placing pressure on the“government's fiscal position,requiring the government to rely on external borrowing and government savings to meet deficit financing needs,” according to the US Energy Information Administration(EIA).
The book analyzes international trade, international migration, international capital movements, the determination of interest rates and exchange rates, the determination of the balance of payments, domestic and international implications of monetary and fiscal policy in open economies,economic development, external borrowing and external debt and the problems of the global environment.