And the country's debt-ridden companies should on the whole be selling equity, not buying it.
International donors and lenders continue to be concerned about the quality of fiscal management and Gambia's debt burden.
For starters, you may want to take the BBC's Debt Test and Financial Healthcheck.
The consortium can call off the GMAC deal if GM's debt sinks below triple-C.
The debt-rating agency Moody's downgraded Merrill Lynch's debt within minutes after the results were released.
Mr Menem says he would pay Argentina's debt in full (though stretching out its term).
All that has happened during the past 12 months is that Greece's debt has grown.
Some rating agencies mutter that Belgium's debt could be downgraded if the deadlock is not resolved.
Many European countries are still struggling to escape a recession that followed the region's debt crisis.
The company's debt was downgraded in December, bringing it three notches into junk territory.
Those speculators who bought Nakheel's debt at half its face value have been vindicated.
There were also fears that the rating agencies might downgrade Enron's debt despite the Dynegy deal.
But if its economy cannot grow, Spain's debt burden will loom that much larger.
ECONOMIST: Rigidities in the labour market make recovery even harder
Adelphia's debt, already in junk territory, was downgraded another notch in August by Moody's.
The region's debt-ridden banks and companies face takeover by cash-rich North American and European multinationals.
Greece's debt may be on an unsustainable path whatever it does (see article).
Moody's Investors Service and Fitch Ratings each downgraded Kodak's debt deeper into junk-bond territory this week.
They needed to produce a plan to limit the region's debt accumulation over the long run.
ECONOMIST: Once again, EU leaders have raised high hopes of a solution
That nearly half of young Spaniards are unemployed worries her almost as much as Italy's debt.
Although the company's debt hasn't been downgraded, it has been placed on credit watch.
The press's judgment is that last year's debt-ceiling fight was politically bad for both sides.
Only by addressing these unsustainable spending commitments can the nation's debt and deficit problems be solved.
WSJ: Cox and Archer: Why $16 Trillion Only Hints at the True U.S. Debt
The biggest boost to ratings would come from a large reduction of Greece's debt stock.
Moody's has a Baa3 rating--the lowest investment-grade level--with a stable outlook on India's debt.
About 55% of government spending goes towards paying the nation's debt, while 25% goes on wages.
Critics said the team's debt load restricted its ability to keep and attract top talent.
European markets fell after opening on Friday amid fears that the region's debt crisis could spread.
He said it should reduce the country's debt-to-GDP ratio by 8.5% a year until 2020.
Among the biggest mistakes William Martin sees grandparents make is helping pay off their grandchildren's debt.
His remarks came just before a meeting in Tokyo that was to discuss rescheduling Indonesia's debt.
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