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Montevideo, March 28th 2024 - 09:10 UTC

 

 

Russia gives Venezuela a hand and restructures US$ 3.15bn debt over a 10-year period

Thursday, November 16th 2017 - 09:08 UTC
Full article 4 comments

Russia and Venezuela signed a debt restructuring deal on Wednesday allowing Caracas to make “minimal” payments to Moscow in the next six years to help it meet obligations to other creditors, the Russian Finance Ministry said. Under the deal, Venezuela will pay Russia back a total of US$ 3.15 billion over a 10-year period, the ministry said. Read full article

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