Overwhelmed by the pandemic, Ecuador on the cliff of a US$ 17bn default
Published on: Monday 10 January 2022
Ratings agency S&P this week downgraded Ecuador to selective default on expectations of a missed interest payment. The 2022 bond is trading around 32 cents on the dollar. Finance Minister Richard ...
News source: https://en.mercopress.com/2020/04/18/overwhelmed-by-the-pandemic-ecuador-on-the-cliff-of-a-us-17bn-default