This prospect tends to inject a significant amount of uncertainty into the economy and weakens confidence.
Given the need to pay such high rates on its debt, the government needed to borrow even more, further weakening confidence and pushing the rates still higher.
However, their reforms only weakened confidence in the government and did not slow the Mesnard's march.
It weakens foreign confidence in Iran as an investment market and strengthens the domestic opponents of the increasingly unpopular regime.
The Korean Confederation of Trade Unions said it feared strikes would weaken confidence in the nation's effort to rebuild its economy.
Suharto's foot-dragging in undertaking reforms demanded by IMF in relation to his children's business further weakened public confidence.
With this in mind we must make sure that this factor alone, external value, does not weaken confidence in the euro.
Surely that is only going to weaken confidence in the euro?
Its fear is that such use could weaken public confidence in the system's integrity.