Lebanon can’t pay debts, suspends March bond payment-PM
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.
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.
Posted by Reuters
