Puerto Rico Can Manage Debt, Hedge-Fund Backed Study Finds – Bloomberg Business
The hedge funds are among the first bondholders to challenge Puerto Rico's claim last month that it needs to put off debt payments that have swelled from years of borrowing. Governor Alejandro Garcia Padilla's administration plans to draft a proposal …
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UPDATE 2-Ukraine puts new debt restructuring proposals to creditors – minister
Restructuring negotiations have dragged on for over four months because of disagreement over the need for a writedown on the principal of the bonds as requested by Kiev. The government has threatened to invoke a moratorium on debt repayments if it does …
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Greece, Its Back to the Wall, Adopts Austerity Steps
The vote came a day after the International Monetary Fund signaled that it might not back the new bailout unless the pact substantially reduced the debt burden on Athens. That stance aligned it with Mr. Tsipras on the question of debt reduction and …
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Eurozone ministers set to weigh Greece's latest proposal after default
"International markets appear to have found a level where they are happy to sit and wait on the next developments in the Greek debt crisis. Greece's failure to meet the deadline on its IMF payment looks to have been fully anticipated by markets …
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