Macroeconomy/Finance

Debt negotiations: a difference between $4.5bn and $8bn among parties

Between 1 and 2 points of the Gross Domestic Product ($4.5 bn and $8 bn), is the difference between one calculation and the other. Another difference is the potential inclusion of a GDP coupon (or similar prize), for bondholders accepting the final proposal. It is the picture of the new stage in the battle between the Government and creditors with public securities issued under international law.

Source: Ámbito

Categories: Macroeconomy/Finance