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Ali Hasan Khalil

Ali Hasan Khalil latest

Lebanon: Banks, Government to Pursue Negotiations on $1.2 Billion Eurobond Debt
March 5th, 2020 - 08:30 GMT

Lebanon: Banks, Government to Pursue Negotiations on $1.2 Billion Eurobond Debt

Lebanese banks have called on the government to pursue negotiations and debt restructuring ahead of a critical March 9 deadline when Beirut will face the decision whether to pay a $1.2 billion Eurobond debt or default. “They called on the government to negotiate with the foreign firms,” Lebanon’s LBCI TV reported. “The banks believe that it is better to negotiate with the foreign parties instead of not paying,” the report ...
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