panda
Default and rescheduling
Debt relief
Foreign Loans
Corporate reorganizations
Bankruptcy
External Debts
Finance, Public
International business enterprises
Finance
Law and legislation
The international financial system is facing a debt crisis of unprecedented proportions. Over 30 countries are now in the process of rescheduling their debts and outstanding liabilities are approaching $350 billion. Apart from the countries in South America, Africa, and Eastern Europe, companies wit…
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