Rather, that as that old debt matures and has to be repaid, then they have to borrow more to repay the old debt.
He also said the bank isn't "interested" in Kingfisher's revival plan any more as it has given time to the airline to repay debt.
But the House of Lords has no effective powers to force a peer to repay expenses or to maintain a ban until money is repaid.
In the case of the forest project, China can take up to 40 years to repay the loan, at less than one percent interest per year.
These, it argued, had made it hard for Essar to borrow abroad to repay the notes, leaving it no option but to approach its Indian creditors.
German and French banks have already agreed in principle to roll over loans to Greece in order to give the country more time to repay its debts.
They have hunted and gathered, photocopied and surrendered every income, asset and credit document that might even remotely testify to their ability to repay the mortgage loan they seek.
Commons Speaker John Bercow has written to all MPs urging them to co-operate fully, amid reports many MPs plan to defy recommendations to repay claims that were cleared at the time.
Forcing a broker to stay on with an employer for another year or so in order to avoid having to repay training costs is not best for the industry or the investing public.
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The new law would remove the income cap for repayment and would require any taxpayer who receives more subsidy than he or she is entitled to receive to repay the credit, irrespective of income.
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Mr. Petrakis knew the check would bounce when it matured in the fall, and the bank would come to him wanting its money back, but he hoped by then to have money to repay the bank, says his lawyer, Aggelos Zervos.
The most vocal opponent of the proposed reforms is Hillary Clinton, who may be able to persuade her husband to veto the new law, if only in order to start to repay his own mountain of debt to the First Lady.
One way the current crisis could nix Greek euro membership is if the bailout fund - the EFSF - refuses to dole out the relevant billions on a date coinciding with the Greek state having to use said billions to repay its debts.
The ongoing sovereign debt issues with Greece reignited when comments from the European Central Bank and the International Monetary Fund suggested that without further austerity measures and sale of assets by Greece, the ability of Greece to be able to repay debt soon coming due comes into question.
Senator CHRISTOPHER DODD (Democrat, Connecticut): The sort of frenzy that gripped the market over the past several years as many brokers and lenders started selling these complicated mortgages to low-income borrowers who they knew or should have known, in my view, would not be able to afford to repay these loans when the higher payments kicked in.
And for Italian and Spanish banks, in today's febrile climate there is a strong temptation to put any spare cash on deposit with central banks, even for a guaranteed loss on that money, because they don't want to double up on lending to households and businesses struggling to repay what they owe, and they don't want to be short of cash if capital flight intensifies.
Reports in The Times and Independent say that funding for a relief motorway will be guaranteed by the Treasury to allow the Welsh government to build the road and then to repay the loan at least in part by raising tolls.
Goucher said she owes making the Olympic team to Flanagan and would love to repay the favor by pushing a fellow American to victory.
Since 2008, the UK government has been thwarted in its attempts to force the Icelandic government to repay all of the compensation the UK had paid to its citizens who had money in Icesave.
But compare it with Italy - which next year has to borrow 307bn just to repay maturing debt.
He told police that he had been depressed and desperate and offered to work for free to repay the money.
The ethics committee imposed the penalty to force the Speaker to repay the costs of resolving misleading statements he gave members during the investigation.
Or to put it another way, the big issue, of what Lloyds, RBS, HSBC and Barclays need to do for society to repay the implicit support and subsidy they receive from the state, isn't going away.
If the bail-out had to be extended, it would be mostly to repay money owed to donors.
MUMBAI--India's capital markets regulator approached the Supreme Court Friday to seek the detention of Subrata Roy, chairman of the Sahara Group, for the firm's alleged failure to comply with a court order to repay some Sahara investors, according to a person with direct knowledge of the matter.
This announcement is one of a series of steps that the Administration has taken to make college more affordable and to make it even easier for students to repay their federal student loans.
European banks in general will need to find an estimated 810bn euros to repay loans that are falling due (according to research by Royal Bank of Scotland).
Company executives argued that too much pressure on the firm could "potentially impact the company's ability to operate effectively, and ultimately, to repay federal assistance, " according to the report.
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