Sentences with phrase «debt pile»

The phrase "debt pile" refers to a large amount of money that someone owes to others, usually from borrowing or not being able to pay off their debts. Full definition
They face falling earnings and a combined debt pile of more than 73 billion euros.
With debts piling up, the guys have to figure out a way to get it back before it's gone for good.
Using plastic to make purchases is so easy, and paying the minimum balance each month requires so little effort, that bad debt piles up.
The Greek government believes a deal with international creditors on its current debt pile is just around the corner.
Their mortgages, auto loans or student debt pile up, unpaid.
Greece and its creditors appear to be one step closer to reaching a final agreement on the restructuring of the country's huge debt pile, according to Eurogroup President Mario Centeno.
It has one of the highest debt piles in the industry, with net industrial debt at 8.6 billion euros.
As debts pile up however, this creates a big problem, a debt cycle of using new debt to keep up with mortgage payments, car loans, student debt and ultimately living expenses.
See related: Chasing rewards points backfires when debt piles up, Privacy or rewards?
«This sale will do nothing to ease the burden of debt piled on students by the Tories who have trebled tuition fees and scrapped maintenance grants.»
The Beijing branch of the China Securities Regulatory Commission (CSRC) issued a notice last week ordering LeEco CEO Jia Yueting to return to China to sort out a mounting debt pile linked to his firms and protect investors» rights.
China's securities regulator has formally ordered the founder of indebted tech conglomerate LeEco to return to China and sort out a mounting debt pile linked to his firms, ramping up pressure on the head of the embattled entertainment - to - autos group.
# 3: They view the situation rationally and understand that, maybe, just maybe, at some point in the future, there might possibly be some consequence to arise from the largest debt pile that has ever been accumulated in the history of the world... and they make sensible preparations just in case.
However, Porter says the record levels of household debt piling up in Canada, like in many industrial - world economies, does suggest it will be tougher for the country to grow as quickly as it has in the past.
Given the bad rap that credit cards have had, particularly in recent years, no thanks to consumer credit card debt piling up and contributing to the credit and subprime loan crisis, it's refreshing to see that a good number of people still love their credit cards.
As student loan debt piles up across the country, the Governor of New York hopes to alleviate the burden for many families and working Americans in his state by listing a proposed reform agenda set for the floor in 2018.
Despite some concerns over the gigantic debt pile in the China, a former Goldman Sachs chairman told CNBC he can not get excite about the issue.
Paul's journey in «Eden» features many elements, creating a tapestry of one man's life: the inappropriate women he dates, the financial debt he piles up, family problems, drug problems, good times with friends, sweet moments with women he loves.
WHAT: With his gambling debt piling up, art auctioneer Simon (James McAvoy) teams up with a group of thieves to steal a Francisco Goya masterpiece.
Credit cards are usually the culprits of massive debt pile - ups, while other consumer loans and mortgages also contribute to Canadians» debt - loads.
While one's 20s and 30s are the contributory years to debt piling through loans, credit card expenses, etc., 40s is the time to begin taking stock of finances and paying off as much debt as possible before the «no income» years set in.
This is typical in cases of acute or terminal illness: As their medical debts pile up, beneficiaries often can not wait to receive death benefits.
Greece needs to fully complete its current bailout program before the country receives any relief on its huge debt pile, the new Eurogroup president told CNBC.
With debt piling up and stores bleeding cash, two famed American retailers chose sharply divergent survival strategies in 2017.
China is engaged in an elaborate shell game to hide a mountain of bad debts piling up on the balance sheets of its banks, developers and state - owned enterprises.
A deal for Salix would help Valeant trim the large debt pile it accumulated through aggressive acquisitions.
Bill Robson, president of the C.D. Howe Institute, a public policy think - tank, said one of the greatest challenges for the middle class is saving more for retirement at the same time wages aren't growing nearly as fast and household debt piles up.
Just nine years ago, I was near the breaking point, with credit card debt, automobile debt, and student loan debt piled up so high that I couldn't even pay my bills.
That should ensure that borrowing costs will remain low, but in the longer - run trade deficits and shrinking current account surpluses could threaten Japan's ability to finance a debt pile that is twice the size of its economy, the highest ratio in the developed world.
There is no precedent in the euro zone to address the debt pile of a bailed - out county and that's why discussions on Greece's debt are taking so long, the Luxembourg finance minister told CNBC.
Previous bailed - out countries, like Ireland and Portugal, did not see their debt pile rearranged but Greece has called for its debt to be restructured.
In the long run, Wanda has said the deal with Sunac will help it to reduce its debt pile and that it would be able to repay many other loans.
Luke Spajic says how authorities manage China's growing debt pile will have «meaningful consequences» globally.
At the same time, the London - based company saw its debt pile rise following $ 1.6 billion in payments to settle remaining lawsuits following the deadly 2010 Deepwater Horizon spill in the Gulf of Mexico which has cost it more than $ 65 billion.
Dalian Wanda chairman Wang Jianlin told business magazine Caixin that the proceeds from the sale will be used to reduce Wanda's debt pile and help the company move toward «asset light» operations.
At the same time, the London - based company saw its debt pile rise to $ 40 billion due to the settlement of more lawsuits over the deadly 2010 Deepwater...
There is no precedent in the euro zone to address the debt pile of a bailed - out county and that's why the discussions on Greek debt are taking so long, the Luxembourg finance minister told CNBC.
As that debt pile grows, interest rates, which rise when bonds sell off, could continue to go higher.
(Reuters)- Remington Outdoor Company Inc, one of the largest U.S. makers of firearms, is working with investment bank Lazard Ltd (LAZ.N) on options to restructure its $ 950 million debt pile, people familiar with the matter said on Friday.
Israel - based Teva, the world's largest maker of generic drugs, has been looking at divestures to help pare its $ 35 billion debt pile.
China's new statement on economic priorities illustrates President Xi Jinping's growing clout, as well as a subtle shift in how the country may address its debt pile.
The statement illustrates both Mr. Xi's growing clout and what economists say is a subtle shift in how China may address its debt pile — a shift that suggests leaders may be willing to tolerate even more debt if it will help growth.
In return, Mt Kellett received $ US225 million of Lynas convertible bonds, and hold the biggest position in Lynas» debt pile.
Remington, which sought bankruptcy protection in March after sales fell and its debt piled up, will no longer be owned by the private equity firm Cerberus Capital Management.
Even if you pay off a credit card with a relatively low balance, it will make that debt pile seem a little less overwhelming.
This expansion drive and debt pile - up then got hit by the brick - and - mortar meltdown.
Credit default swaps on Saudi Arabian debt have ballooned, and Dubai's debt pile, estimated to have reached $ 130 billion at the end of 2015 by the Institute of International Finance, is once again garnering the attention of distressed debt investors.

Phrases with «debt pile»

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