Debt Reduction

How debt reduction occurs is also important.

如何降低债务也很重要。

After a suitable period the participating countries would enter into debt reduction programmes that would be tailored not to jeopardise their growth.

经过一段适当的时间以后，EFA成员国将参与为避免阻碍其经济增长而特别设计的减债计划。

Debt reduction has become a hot political issue.

减少债务已成热点政治问题。

We would not be willing to be involved in discussions of debt reduction for other countries.

我们不想卷进其他国家债务减记的讨论中。

Having practically half the Italian debt financed by European Treasury bills would have an effect similar to a reduction in the average maturity of its debt. That would make a successor government all the more responsive to any punishment imposed by the EFA.

如果意大利一半的债务是通过发行欧洲债券来融资其效果近似于缩短了意大利国债的平均期限那么意大利下任政府就更有动力避免EFA对其作出任何惩罚。

Other groups are offering their own debt reduction plans.

其他机构也提出了各自的债务削减计划。

If earnings went this low, ArcelorMittal could be at risk of breaching its financial covenant [ over repayment of debts] even assuming its debt reduction programme goes as planned, Mr Largey wrote.

Largey在报告中写到，如果收益真低到这个水平，阿塞洛-米塔尔可能会面临违背其（有关债务偿付的）金融合约的风险，即使假定其减债计划能如愿进展。

I myself do not believe that this is how debt reduction will in fact happen.

我本人并不相信，债务削减真的会以这种方式发生。