71. That traditionally carefree approach to public finance, those habitual devaluations of old, that huge public debt. 72. The company said options under consideration included a possible public sale of shares, a public debt sale and the conversion of debt to equity. 73. The cuts are expected to limit the cost that high interest rates will have on servicing the public debt. 74. The Dutch government is struggling to reduce the public debt quote, a ratio that measures the budget deficit as a percentage of gross domestic product. 75. The government, weakened by political scandal, is struggling to finance the huge public debt, and investors are fleeing. 76. The Personal Security Accounts Plan, for instance, adds to the public debt, thus neutralizing some of its boost to private savings. 77. The next crisis would come shortly thereafter, with the vote on the public debt limit in mid-October. 78. The result of the trade-off between controlled retail prices and high sales volume, however, is heavy public debt. 79. The payment was the first of two in December that would hold off a default on its public debt. |