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Montenegro hedges to reduce Chinese debt burden
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Montenegro Getting European Help To Refinance Its Massive China Debt
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Montenegro in final phase of talks with Europe to refinance US$809 million debt to China-559458
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Montenegro in final phase of talks with Europe to cut China debt
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EU Aspirant Montenegro Looks to Europe to Escape Chinaâs Embrace
Apr 22 2021, 1:05 PM
April 22 2021, 9:30 AM
April 22 2021, 1:05 PM
(Bloomberg) European Union candidate Montenegro is seeking to expand ties with the bloc, including possibly refinancing a Chinese loan it took to build its first highway that once threatened to wreck its public finances.
(Bloomberg) European Union candidate Montenegro is seeking to expand ties with the bloc, including possibly refinancing a Chinese loan it took to build its first highway that once threatened to wreck its public finances.
After the country of 620,000 underwent a historic power shift last year, Prime Minister Zdravko Krivokapicâs government has appealed for EU support to refinance the debt, which equaled a fifth of the economy when it was taken in 2014. A previous government borrowed the funds under Chinaâs Belt and Road initiative in defiance of warnings that it would subject Montenegro to undue influence from Bei