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底特律推出债务削减计划
CHICAGO, Feb. 21 (Xinhua) -- Emergency financial manager of Detroit, a city in the U.S. state of Michigan, on Friday filed a detailed1 debt-cutting plan in a federal court, with the hope of bringing the city out of bankruptcy2.
The plan, which still awaits approval from a bankruptcy judge, aims to help the Motor City, which has 18 billion U.S. dollars in debt, shed financial burdens and pour money to improving the city' s infrastructure3.
With the plan, retirees would see cuts to benefits, while creditors4 such as banks would see just a fraction of what they're owed.
The 120-page plan has also outlined cuts to various groups of creditors, and provided new details about ongoing5 attempts to spin off the city's Water and Sewerage Department, prevent the Detroit Institute of Arts masterpieces from a fire sale and to restructure 11.5 billion dollars in unsecured claims.
"We must move swiftly to emerge from bankruptcy so that the financial distress6 harming the city can end," the Detroit News quoted Emergency Manager Kevyn Orr as saying in a statement Friday.
Orr maintained that the plan provided the best path forward for all parties to resolve their respective issues and "for Detroit to become once again a city in which people want to invest, live and work."
The debt-ridden Detroit filed bankruptcy on July 18, 2013.
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1 detailed | |
adj.详细的,详尽的,极注意细节的,完全的 | |
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2 bankruptcy | |
n.破产;无偿付能力 | |
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3 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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4 creditors | |
n.债权人,债主( creditor的名词复数 ) | |
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5 ongoing | |
adj.进行中的,前进的 | |
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6 distress | |
n.苦恼,痛苦,不舒适;不幸;vt.使悲痛 | |
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