BUSINESSSEMAFOR
Venezuela faces record debt restructuring
Venezuela's GDP has fallen from $370 billion in 2012 to $100 billion, with a $240 billion debt pile expected to be revealed. The US-imposed regime change and lifted sanctions may enable a historic debt restructuring, surpassing Greece's 2012 default and involving numerous creditors without IMF participation.
Mentioned
Related Signal
Adjacent reporting
- Venezuela to reveal $240bn debt pile in world’s largest restructuring
- Venezuela Kickstarts $170B Debt Restructuring Process
- Venezuela faces world’s largest debt restructuring
- Venezuela embarks on $150 billion restructuring of debt amid political turmoil
- Venezuela Government Announces Debt Restructuring Process
- The scoop on the largest restructuring in history