Translation of "Schuldenstände" in English

Unemployment and household debt remain stubbornly high.

High levels of debt combine with slow economic growth in a devilish dance.

And large deficits and high debt levels decrease the prospects for a long boom.

Member States should secure long-term control over the deficit and debt levels.

Levels of government debt have stabilised and are expected to decrease.

Problems are compounded by large deficits and debts.

By the same token, deficits and high levels of debt do not automatically produce growth.

Others need to accelerate and intensify their reform efforts and the reduction of their deficits and debt.

Europe's deficit and debt levels are still too high.

However, when assessing the sustainabilityof current debt levels, the interest payment burden also needs to be taken into account.

Indeed, reducing the current high debt levels in the euro area will require substantial consolidation.

This adjustment will make it possible to estimate the deficits and debts in the Member States more precisely.

It is of some concern that fiscal deficits and debt levels have risen in spite of circumstances that would normally facilitate fiscal consolidation.

Moreover, it should not create new opportunities for public borrowing, given already high debt levels.

The Wortmann-Kool, Feio and Goulard report discuss the use of sanctions at length as the main tools required to prevent a country from reaching dangerous deficit and debt levels, and the scenarios that arise when these countries ignore the various warnings issued to them on their dire fiscal situation.

Improving the Member States' development and growth plans, optimising the coordination of budgetary policies and strengthening the procedures for monitoring deficits and national debt are just some of the priorities to be pursued.

Moreover , high public deficits and debts may complicate the task of the single monetary policy to maintain price stability .

While the IMF’s primary scenario is that Irish and Portuguese debt levels will soon stop rising, it comes with a chilling litany of downside risks.

Eventually those large deficits and debts need to be reduced through higher taxes and lower spending, and such austerity – necessary to avoid a fiscal crisis – tends to slow economic recovery in the short run.

The result of the debates of the early 1990’s was a set of rough and ready rules on deficits and debt levels that was never taken quite seriously.

Yet the crisis also intensified government and household dependence on leverage, causing debt levels to continue to rise – a trend that, left unchecked, will lead to more crises in the future.

In 2008, these elevated debt levels – in banks, businesses, households, and governments – sparked the financial crisis.

For example, many have made significant progress in managing their debt levels, raising productivity, improving infrastructure, and implementing needed reforms.

High public-debt levels would still have to be reduced to create fiscal space and keep interest rates low enough to restore long-term confidence.

By keeping banks and other private-sector firms at lower levels of debt, vulnerability to shocks is reduced.

For highly indebted governments, low interest rates are critical to keep debt levels sustainable and ease pressure to restructure debt and recapitalize banks.