61.   Credit-rating agencies have demanded that companies reduce their debt sharply.

62.   Democrats criticized the tax cut as a giveaway to the rich that threatened the drive to reduce government debt.

63.   Deutsche Telekom has been under pressure to sell assets and reduce its debt.

64.   ECE plans to use the proceeds to reduce debt, expand its operations in Cancun and boost working capital.

65.   Economists also have said the government might be forced to sell stakes in some companies to help reduce its debt and qualify for the single European currency.

66.   Every windfall that the new government has had so far has been used to directly reduce its debt.

67.   European countries are struggling to meet the targets on economic performance, such as cutting budget deficits and reducing debt, outlined in the Maastricht Treaty on monetary union.

68.   Firms have been slow to sell off assets and reduce debts.

69.   For Ssangyong, the sale is part of its effort to shed assets and reduce debts.

70.   For a time, he even tried to sell his house to reduce his debt.