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English to Greek translations [PRO]
Bus/Financial - Finance (general) / Management | | English term or phrase: household deleveraging | Economic growth in Europe remains anaemic. In the first quarter of 2010, the eurozone and the EU-27 GDP growth has been of only 0.2 per cent. Yet
despite this marginal growth most of European governments have embarked on budget cuts and austerity in order to put their fiscal houses in order. This process will play out in parallel with household deleveraging in some countries as well as secular
trends—notably ageing—that will also bear down on growth. The continent faces
severe and simultaneous pressures on growth |
| | | ξεχρέωμα των νοικοκυριών | Explanation:
de·lev·er·age [dee lévvərij]
transitive and intransitive verb
reduce debt owed by business: to reduce the amount of debt that a company owes, usually by laying off workers, selling off unprofitable divisions, and other cost-cutting measures
εξόφληση οικογενειακών χρεών
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Note added at 53 mins (2010-11-11 21:28:01 GMT)
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Για πιο καθωσπρέπει:
την ελάφρυνση των νοικοκυριών από τα χρέη |
| Selected response from:
  Nick Lingris
Local time: 09:44
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