(Reuters) - QUITO, June 25 - Ecuador will not write off a
$1.1 billion debt owed to the central bank as previously
offered in a new banking bill, but will restructure it instead,
according to the president's partial veto of the legislation.
President Rafael Correa had surprisingly included scraping
the debt in his original banking bill that aims to boost state
control over the banking sector.
Read more at Reuters.com Bonds News
$1.1 billion debt owed to the central bank as previously
offered in a new banking bill, but will restructure it instead,
according to the president's partial veto of the legislation.
President Rafael Correa had surprisingly included scraping
the debt in his original banking bill that aims to boost state
control over the banking sector.
Read more at Reuters.com Bonds News
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