Ecuador reaches preliminary debt agreement

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Ecuador reaches preliminary debt agreement

Ecuador, Cotopaxi, volcano, LatAm
The vulcano Cotopaxi with snowy peak in the morning light | PETR SIMON/Petr Šimon - stock.adobe.com

While Argentina’s back-and-forth attitude to debt negotiations means it still has not reached a deal more than three months after the deadline it had set itself to wrap up the process, Ecuador’s decision to keep investor relations as cordial as possible could see it rewarded with a remarkably swift restructuring of its bonds.

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