All posts tagged "fiscal crisis"

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  Puerto Rico Church Strips Teachers of Pension Amid Crisis

  Island has no law overseeing private pensions and it’s unclear if archdiocese’s fund was insured

  • Posted April 12, 2016
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  Bernier: Bondholders Willing to Negotiate to Avoid Default

  SAN JUAN – The gubernatorial candidate for the Popular Democratic Party (PDP), David Bernier, held meetings in New York with Sales Tax Financing Corp. (Cofina), general obligation (GO) and Government Development Bank (GDB) creditors as well as...

  • Posted April 12, 2016
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  New Round of Lobbying Efforts in D.C. Begin

  Along with a multisectoral coalition, García Padilla pushes for favorable federal legislation

  • Posted April 11, 2016
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  Mayors Blast García Padilla’s Restrictions on GDB’s Cash Outflow

  Gov’t will use private banks amid GDB’s limited operations, exit of Fed

  • Posted April 11, 2016
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  Assured Joins in Supporting Proposal to Restructure Puerto Rico GOs

  Bond insurer backs Ad Hoc group's restructuring proposal

  • Posted April 11, 2016
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  Following Declaration of Emergency, GDB Seeks Deal With Creditors

  Bank pushes for agreement ahead of May 2 debt payment

  • Posted April 11, 2016
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  Dr. Ramos Reelected as President of College of Physicians Surgeons

  Warns of federal funds running out, insurers cancelling doctor contracts

  • Posted April 11, 2016
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  Puerto Rico Puts Forth New Deal for Creditors

  Growth bonds replaced with CABs; new security created for local bondholders

  • Posted April 11, 2016
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  Governor Leads Delegation to Washington

  Intends to lobby for 'immediate and fair' action for Puerto Rico

  • Posted April 10, 2016
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  Perelló Urges People to Call US Congress Ahead of House Hearing

  To participate in US House hearing Wednesday

  • Posted April 10, 2016