Word: repayment
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...after World War II. Compounding the error, the government in 1971 moved to modernize Polish industry with heavy infusions of Western technology and capital. Former Party Boss Edward Gierek dreamed of a throbbing new industrial sector that would spew out exports for Western markets and earn hard currency to repay Poland's debt and raise its standard of living. The plan backfired in the mid-1970s when Poland, hampered by mismanagement, rising energy prices and a Western recession, could not sell its inferior products abroad...
...other's hearts, rending them with tense words and rebuilding cautiously and slowly at the same time. "I never had a father...it's my right, isn't it. Isn't it?" the daughter demands, unassailable in her emotion, inconsolable in her situation. "There's no way I can repay you; there's no use trying. Let's just try to forget everything and start over again," offers the father, desperately. And the daughter assents with her silence, turning her back on a void that will never be filled, looking ahead. There is no neat ending here; no banality heaped...
...Percy criticized Lance, the former Budget Director accused of financial improprieties, Powell leaked a tale that Percy had regularly flown on a corporate jet belonging to Bell & Howell, which he once headed. The jet, as it turned out, did not exist. Powell also claimed that Percy had failed to repay bank loans; Percy produced a canceled check in refutation. Says Powell: "I did not make things better. I may have made them worse...
Departments that run deficits often borrow from the University and must repay the loans with interest, which currently stands at about 7 per cent. Gerrity said the Faculty will probably have to borrow money from the Corporation to cover expenses incurred under the current budget...
...Washington or private banks were to bail out Poland again, it could be taken as a vote of confidence in the Soviet Union: lenders would be saying that they expect the Polish economy to be nursed back to health by Moscow so that it will eventually be able to repay its loans. In the international financial community the prevailing sentiment is that the West cannot afford to turn down Poland's money request for fear of a more pronounced Soviet intervention in the country's internal affairs. Says Lawrence Brainard, a Bankers Trust vice president: "The real issue...