Brazilian government banks suspended payment of states and municipalities debts

Wednesday, June 10th 2020 - 13:54 UTC

Full article 1 comment

Brazilian development bank BNDES has suspended the payment of interest and principal on debt owed by municipalities and states through the end of the year, Chief Executive Gustavo Montezano said, citing the coronavirus pandemic. Read full article

Comments

Disclaimer & comment rules

Enrique Massot
It looks like Bolsonaro, who did not want to hurt the economy with isolation measures to stop the coronavirous pandemic, may end up in a crisis anyways, like other countries that followed similar paths.

Poor Brazil, poor Brazileiros.
Jun 11th, 2020 - 04:09 am - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!