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Temer will not bail out heavily indebted Brazilian states

Friday, December 30th 2016 - 17:15 UTC
Full article 1 comment

After months of bailing out Brazil's most iconic city and state, Rio de Janeiro will not be getting their debts renegotiated anytime soon. Brazil president Michel Temer said he will veto plans to renegotiate loans with Rio, Minas Gerais and Rio Grande do Sul states. All three states are economic powers of Brazil and have fallen on hard times over the last three years. Read full article

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  • :o))

    REF: “All three states are economic powers of Brazil and have fallen on hard times [?] over the last three years”:

    ONLY due to the lack of dedicated leaders and corruption!

    The question still remains: What do the masses intend doing to the irresponsible crooks? NOTHING, besides whining amongst themselves?

    Dec 31st, 2016 - 01:12 pm - Link - Report abuse 0

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