1. At the same time Korean banks, struggling to repay billions of dollar of foreign debt, often refused to lend more money to troubled companies. 2. Companies are folding as Korea banks, struggling to repay billions of dollar of foreign debt, refuse to lend more money. 3. Developers and investors were forced to raise cash by selling stock to the public to repay billions of debt coming due. 4. The money is needed because several large companies collapsed this year unable to repay billions of dollars of debt. 5. Moscow also hopes that Iraq will be able to repay billions of dollars in Soviet-era debts once the sanctions are lifted. 6. Without money soon from the IMF or other lenders, Russia will not have the cash to repay billions of dollars in foreign debts that are coming due. 7. Saudi Arabia this year took advantage of the surge in oil revenues to repay billions of dollars in arrears to local farmers and contractors. 8. The European Union plans to repay billions of euros from its budget surplus to EU countries, according to a European Commission budget document provided to AFP Friday. |