2020.03.08 08:55 GMT+8

Top Lebanese leaders oppose paying sovereign debt

Updated 2020.03.08 08:55 GMT+8
CGTN

Top officials in Lebanon say they oppose repaying the country's sovereign debt even if it leads to a default. Talks are underway in Beirut over its Eurobond debt. The country is due to pay more than a billion U.S. dollars before the bond matures on Monday. Lebanon is facing an unprecedented financial crisis, which peaked last year amid an economic slowdown and anti-government protests.

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