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Encostas d'Aire, gegebenenfalls gefolgt von Ourém [EU] Encostas d'Aire seguida o no de Ourém

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 hinzugefügt). [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).

Im Mai 2003 hat eine hochrangige Gruppe für Brennstoffzellen und Wasserstoff einen strategischen Bericht vorgelegt ("Hydrogen Energy and Fuel Cells - a vision of our future"), in dem sie u. a. die Bildung einer Technologiepartnerschaft für Brennstoffzellen und Wasserstoff, den Einsatz wesentlich höherer Beträge für FTE sowie ein Demonstrations- und Pilotprogramm empfiehlt, um die Technologievalidierung bis in den Bereich der Marktentwicklung auszuweiten. [EU] En mayo de 2003, el grupo de alto nivel «Hidrógeno y pilas de combustible» presentó un informe recapitulativo titulado «Hydrogen Energy and Fuel Cells - A vision of our future» (Energía de hidrógeno y pilas de combustible, una visión de nuestro futuro), en el que recomendaba, entre otras cosas, el establecimiento de una asociación en el ámbito de las tecnologías de las pilas de combustible y el hidrógeno y el aumento sustancial del presupuesto de investigación y desarrollo tecnológico, así como un programa piloto y de demostración que llevara las actividades de validación de las tecnologías hasta la etapa de comercialización.

In the current markets, the refinancing of our debt is simply out of question". [EU] In the current markets, the refinancing of our debt is simply out of question».

this);">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. [EU] [...] Although we see significant scope for FT to cut costs and deliver a compelling yield and even though the CEO has strong track record execution, the government role in giving FT the flexibility it requires is pivotal.

Siehe die bereits zitierte Studie der Deutschen Bank vom 22. Juli 2002: "Nach unserer Einschätzung stellt das gegenwärtige Risiko-Ertrag-Verhältnis keinen sonderlichen Anreiz für Investoren dar, sich an einer Kapitalerhöhung zu beteiligen". ( 'in our view the risk reward balance is not currently very attractive for investor to participate in a capital increase'.) [EU] Véase el estudio del Deutsche Bank del 22 de julio de 2002, anteriormente mencionado: «A nuestro modo de ver, la actual relación entre riesgo y remuneración no incita especialmente a los inversores a participar en una ampliación de capital». ( 'in our view the risk reward balance is not currently very attractive for investor to participate in a capital increase'.)

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.
No guarantee of accuracy or completeness!
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