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Puerto Rico under strain as debt payments loom
Puerto Rico governor Alejandro Garcia Padilla warns the island cannot meet its 72 billion dollar public debt. A CNBC report cites a New York Times piece. economists call for urgent reform and possible restructuring or default while lawmakers debate a 9.8 billion budget with 674 million in cuts.
MENTIONED IN THIS ARTICLE
San Juan
Puerto Rico
Puerto Orico
Alejandro Garcia Padilla
U.S
Greece
Jesus Manuel Ortiz
Garcia
New York Times
Times
Wall Street
Jose Villamil
U.N
Villamil
World Bank
Jenniffer
European Union
Financial Guarantee Insurance Company