Lebanon can’t pay debts, suspends March bond payment-PM
06 Mar Lebanon can’t pay debts, suspends March bond payment-PM
Posted at 16:51h
in
News
by KMFSLLP
Lebanon will not pay a $1.2
billion Eurobond due on March 9 as its foreign currency reserves
have hit critical levels and are needed to meet the basic needs
of the Lebanese people, Prime Minister Hassan Diab said on
Saturday.
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