CoreComm Internet

Features

Make this your home page

Puerto Rico to seek debt moratorium from bondholders

SAN JUAN, Puerto Rico (AP) Puerto Rico's governor says he will create a financial team that will meet with bondholders and seek a moratorium on debt payments. Gov. Alejandro Garcia Padilla made the announcement Monday night after saying that the U. S. territory's $72 billion public debt is unpayable. He said he would seek a moratorium of several years but did not provide specifics. Garcia's comments come just hours after international economists released a gloomy report on Puerto Rico's are a...

Read More
 

----------
Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by Weather Underground