(Bloomberg) -- Ecuadorean President Rafael Correa
said he doesn't rule out a ``unilateral moratorium'' or an
``aggressive renegotiation'' of the country's foreign debt, Efe
reported.
Correa said in an interview the government has serviced its
debts since he took office in January because it has had the
money, Efe reported. He said his government could halt interest
payments or renegotiate the debt at any moment should the country
run short of funds, Efe reported.
Read more at Bloomberg Emerging Markets News
said he doesn't rule out a ``unilateral moratorium'' or an
``aggressive renegotiation'' of the country's foreign debt, Efe
reported.
Correa said in an interview the government has serviced its
debts since he took office in January because it has had the
money, Efe reported. He said his government could halt interest
payments or renegotiate the debt at any moment should the country
run short of funds, Efe reported.
Read more at Bloomberg Emerging Markets News
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