debt

French President Emmanuel Macron on Wednesday called for a moratorium on the debt of African countries as “an essential step”…

BEIRUT (AP) — Lebanon will stop paying all maturing Eurobonds in foreign currencies amid a crippling economic and financial crisis…

The Central Bank of Egypt will cancel around LE 10 billion in debt owed to banks by 940,000 customers, as…

Lebanon’s powerful Hezbollah movement, which has strongly opposed foreign interference in the country’s crisis-hit economy, said Friday it could accept…

BEIRUT (Reuters) — After importing medical supplies to Lebanon for 20 years, Hassan Hamdan shut his business in December. Sales…

BEIRUT (Reuters) – Negotiations to restructure Lebanon’s foreign currency debt should not last more than nine months if well-intentioned, the…

BEIRUT (Reuters) – Lebanon is in “the final hours before” formally announcing it cannot pay its debts, senior MP Alain…

BEIRUT (Reuters) – A team of IMF experts met Prime Minister Hassan Diab on Thursday at the start of a…

BEIRUT (AP) — Lebanon’s financial situation points to a likely restructuring of the country’s massive debt and financial sector to…

LONDON (Reuters) – The worst is yet to come for Lebanon’s banks. The old-style way of running the economy –…