Sentences with phrase «current debt stresses»
Current debt stresses are the logical outcome of decades of unbalanced markets, inappropriate finance, untoward practices and inept policies.
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Moreover, even under a very stressed scenario — in which Spain is forced to finance the $ 200 - 220 billion it needs from today until early 2014 at yields of 8 - 9 per cent — the effect on the average interest rate of the total outstanding debt would be limited, rising from the current 4.1 per cent to about 5 per cent.