debt restructuring

Starved of dollars and drowning in debt, Lebanon’s economy sinks fast
Middle East

Starved of dollars and drowning in debt, Lebanon’s economy sinks fast

BEIRUT (Reuters) — After importing medical supplies to Lebanon for 20 years, Hassan Hamdan shut his business in December. Sales…
Exclusive: Lebanon waiting to hear if creditors will cooperate or sue: minister
Middle East

Exclusive: Lebanon waiting to hear if creditors will cooperate or sue: minister

BEIRUT (Reuters) – Lebanon is waiting for bondholders to decide whether they will cooperate in a debt restructuring or pursue…
IMF experts meet Lebanese PM at start of visit
Middle East

IMF experts meet Lebanese PM at start of visit

BEIRUT (Reuters) – A team of IMF experts met Prime Minister Hassan Diab on Thursday at the start of a…
Lebanon finances point to debt restructuring: Fitch Ratings
Middle East

Lebanon finances point to debt restructuring: Fitch Ratings

BEIRUT (AP) — Lebanon’s financial situation points to a likely restructuring of the country’s massive debt and financial sector to…
Varoufakis rules out ‘Grexit’, deal possible if Merkel takes part
World

Varoufakis rules out ‘Grexit’, deal possible if Merkel takes part

Greece Finance Minister Yanis Varoufakis said he could rule out a 'Grexit' because it would not be a sensible solution…
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