Wednesday, June 07, 2017

Venezuela discusses $1 billion debt restructuring with Moscow: TASS

Venezuela has been in talks with Russia about its $1 billion debt restructuring, TASS news agency quoted Venezuela's envoy to Moscow as saying on Wednesday.

Russia has slashed projected revenue by nearly $1 billion to reflect expectations that Venezuela may not make timely payments on bilateral loans, according to a document released by Russia's Audit Chamber on Tuesday ....