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 German  Spanish

this);">However it is liquidity or refinancing risk that is the near-term focus of FT and rating agencies alike, with a daunting refinancing schedule ahead in 2003. This would be impossible without government intervention - even FT acknowledged this in its Q3 conference call") (Hervorhebung hinzugefgt). [EU] In the meantime, liquidity risk remains and in our view, a right issue is a matter of when not if. [...] The government's role will again be pivotal in refinancing and reducing this debt. However it is liquidity or refinancing risk that is the near-term focus of FT and rating agencies alike, with a daunting refinancing schedule ahead in 2003. [...] This would be impossible without government intervention - even FT acknowledged this in its Q3 conference call) (el subrayado es nuestro).

The example sentences were kindly provided by:
[I] IndustryStock.com, [L] spanisch-lehrbuch.de.
Sentences marked by [EU] derived from DGT Multilingual Translation Memory. The European Commission retains ownership of the copyright in the original data.
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