Bail-in, bailout, restructuring, haircut or whatnot

Stop threatening the Lebanese with their life savings and find better solutions. In parallel, start with recovering stolen public funds.
by Rabih Sfeir

16 May 2020 | 22:26

Source: by Annahar

  • by Rabih Sfeir
  • Source: Annahar
  • Last update: 16 May 2020 | 22:26

In this Wednesday, March 18, 2020 photo, a worker walks outside the Lebanese Central Bank that has been shut down as part of the preventive measures against the coronavirus, in Beirut, Lebanon. (AP Photo).

"Bail-in, bailout, restructuring, haircut or whatnot." Though the title might sound intimidating, what comes next will be an explanation of why the government is opting for such approaches.In brief,...
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