English: 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.
French: […] 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.
German: 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.
Spanish: […] 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.
Italian: 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.
Portuguese: 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.
Dutch: (…) Ondertussen blijft het liquiditeitsrisico bestaan en volgens ons is het terecht een probleem, niet van óf, maar van wanneer. (…) De regering zal ook een doorslaggevende rol spelen bij de herfinanciering en vermindering van de schuld.
Danish: På baggrund af de afskrækkende gældsposter, som forfalder og skal refinansieres i 2003, fokuserer FT og ratingbureauerne på kort sigt på selskabets likviditets- og refinansieringsproblemer.
Swedish: 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.
Finnish: 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.
Greek: 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.
Czech: 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.
Slovak: In the meantime, liquidity risk remájans 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.
Polish: […] 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 .
Hungarian: 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.
Slovenian: 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.
Estonian: 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.
Latvian: 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.
Lithuanian: 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.