Lebanon inching toward first-ever default, sources say

Most Lebanese bonds continued their downward spiral Tuesday, trading below 35 cents on the dollar.
by Georgi Azar

18 February 2020 | 18:27

Source: by Annahar

  • by Georgi Azar
  • Source: Annahar
  • Last update: 18 February 2020 | 18:27

Riot police stand guard during ongoing protests against the Lebanese government, in front of the Central Bank, in Beirut, Lebanon, Thursday, Nov. 28, 2019. (AP)

BEIRUT: Lebanese officials are inclined to default on Eurobonds maturing in March, a source familiar with the talks told Annahar, with Fitch ratings labeling the costs of meeting debt...
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