All posts tagged "Puerto Rico debt crisis"

• 
  More Credit Unions Join Gov’t Development Bank’s Deal

  ‘Constructive’ talks continue to restructure the bank’s $4B debt

  • Posted June 8, 2016
• 
  Puerto Rico Debt Payments Almost 20% of Next Year’s Budget

  By contrast, in the current fiscal year, debt service is 12% of the $9.5-billion budget

  • Posted June 8, 2016
• 
  Sanders Set to Submit Puerto Rico Debt Restructuring Bill

  Democratic presidential hopeful reiterates opposition to fiscal board; bill would also allocate $10.8 billion for island infrastructure

  • Posted June 2, 2016
• 
  Report Questions Whether Puerto Rico Debt Issued Illegally

  Commission found in its pre-audit report that millions of dollars of debt might have been issued in violation of the island's constitution

  • Posted June 2, 2016
• 
  Treasury Secretary Calls Again for Puerto Rico Debt Restructuring

  Lew talks about how the island’s mounting debt crisis is affecting the health, safety and welfare of its 3.5 million American citizens

  • Posted June 1, 2016
• 
  Local Bondholder Group Shows Full Support to Promesa

  Backyard Bondholders to soon present restructuring proposal to Puerto Rico gov’t

  • Posted June 1, 2016
• 
  Pierluisi Comments on Committee Passage of Promesa

  Nearly 60% of committee Republicans voted "yes" on the bill

  • Posted May 26, 2016
• 
  Sanders Breaks with White House on Puerto Rican Rescue Plan

  Says plan to restructure Puerto Rico's $70 billion in debt would make "a terrible situation even worse."

  • Posted May 23, 2016
• 
  García Padilla Talks Promesa’s Pros and Cons

  Governor says he would go the U.N. if bill, as it is, is enacted into law

  • Posted May 19, 2016
• 
  Bernier Says Commonwealth Must Reach Agreement with Creditors ASAP

  PDP candidate disagrees with AGP and Pierluisi on going the congressional route

  • Posted May 18, 2016