Ethiopia edges towards default as bondholder talks falter

Описание к видео Ethiopia edges towards default as bondholder talks falter

Talks between Ethiopia and key stakeholders of the African country's 1-billion-dollar international bond ended without agreement. This comes after Ethiopia announced it could not pay a 33-million-dollar bond coupon due on Monday. Non-payment would put Ethiopia on track to default after the grace period of 14 days expires.

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