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Russia is throwing a life-line to defaulting Venezuela after
the two countries signed on Wednesday a deal to restructure US$3.15
billion worth of Venezuelan debt owed to Moscow. Under the terms of
the deal that Russia’s Finance Ministry announced today, Venezuela
will be repaying the debt over the next ten years, of which the
first six years include “minimal payments”.
“The debt relief provided to the
republic from the restructuring of its liabilities will allow funds
to be allocated for the…
the two countries signed on Wednesday a deal to restructure US$3.15
billion worth of Venezuelan debt owed to Moscow. Under the terms of
the deal that Russia’s Finance Ministry announced today, Venezuela
will be repaying the debt over the next ten years, of which the
first six years include “minimal payments”.
“The debt relief provided to the
republic from the restructuring of its liabilities will allow funds
to be allocated for the…
Russia is throwing a life-line to defaulting Venezuela after
the two countries signed on Wednesday a deal to restructure US$3.15
billion worth of Venezuelan debt owed to Moscow. Under the terms of
the deal that Russia’s Finance Ministry announced today, Venezuela
will be repaying the debt over the next ten years, of which the
first six years include “minimal payments”.
“The debt relief provided to the
republic from the restructuring of its liabilities will allow funds
to be allocated for the…
the two countries signed on Wednesday a deal to restructure US$3.15
billion worth of Venezuelan debt owed to Moscow. Under the terms of
the deal that Russia’s Finance Ministry announced today, Venezuela
will be repaying the debt over the next ten years, of which the
first six years include “minimal payments”.
“The debt relief provided to the
republic from the restructuring of its liabilities will allow funds
to be allocated for the…