Ecuador could learn Arg negotiation lessons

Ecuador, Lenin Moreno, president, restructuring, grace period, default
By Oliver West
21 May 2020

Ecuador could take useful clues from Argentina’s debt restructuring, said analysts, as it prepares to present an offer to its bondholders having taken decisive economic measures in the past week.

One of the key complaints of Argentine creditors is that the government has not brought economic measures, or even a plan, to accompany its proposals for major haircuts on its bonds. In this sense, Ecuador is learning not what not to do: after receiving approval from the National ...

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