Archive for debt restructuring

You are browsing the archives of debt restructuring.

«We all are in a Ponzi world right now. Hoping to be bailed out by the next person» — interview with DANIEL STELTER

«We all are in a Ponzi world right now. Hoping to be bailed out by the next person» -- interview with DANIEL STELTER

Message: “I think it is obvious that the endgame is near” — interview with Daniel Stelter, founder of the German think tank Beyond the Obvious

Interview by Jorge Nascimento Rodrigues (c) JNR, November 2014

A one-off debt restructuring of 50% of the Eurozone sovereign debt — Charles Wyploz explains its PADRE proposal

Eurozone has a problem with overghang sovereign debt in a group of member countries with public debt-to-GDP above 100% . CEPR and the International Center for Monetary and Banking Studies (ICMB) released a new report end of January that fleshes out a plan for restructuring the sovereign debt, by banker Pieere Pâris and professor Charles Wyplosz. The acronim for the plan is PADRE for Politically Acceptable Debt Restructuring in the Eurozone. Wyploz explains his proposal — interviewed by Jorge Nascimento Rodrigues (c) JNR, 2014

«Portugal needs a National Salvation Pact with a short mandate to restructure the sovereign debt» — David Salanic, Tortus Capital

Portugal needs urgently a PSI and must begin the restructuring operation with the bonds maturing on June and October 2014. The proposal is to exchange old bonds for new bonds with a principal haircut of 40%-50%. The new bonds would pay 2%-3% interest rates and mature in 10-25 years.

A conversation with David Salanic, Chief Executive Officer and Founder of Tortus Capital Management LLC, New York
Interview by Jorge Nascimento Rodrigues, editor of Janelanaweb.com and contributor for EXPRESSO weekly newspaper, Portugal
English Version of an interview for Expresso published 18/01/2014
©JNR, 2014

“More debt restructurings in the euro area are most likely” — Kenneth Rogoff

Kenneth Rogoff, professor of Harvard University and co-author of “This Time is Different”
“More debt restructurings in the euro area are most likely”
Interview by Jorge Nascimento Rodrigues in Cambridge, USA, in March 2013
Edited by João Proença Oliveira based on the interview published in Portuguese at EXPRESSO weekly newspaper, March 2013

«Too many cooks and no time to waste» (today’s geopolitical environment for the debt crisis) — A conversation with Bill Rhodes, author of Banker to the World

«Too many cooks and no time to waste» (today's geopolitical environment for the debt crisis) -- A conversation with Bill Rhodes, author of Banker to the World

William Reginald Rhodes, 76, is considered one of the more seasoned and reliable “financial diplomats”, with multiple cases of sovereign debt restructuring on his portfolio, between 1979 and 2004 in Latin America, the Middle East and Asia. His name is associated to the resolution of debt crises in the Nicaragua Sandinista, South Korea, Turkey, Argentina, Brazil, Jamaica, Mexico, Peru, and Uruguay.
A conversation about the European debt crisis. Interview by Jorge Nascimento Rodrigues, May 2012.
English Edition by JPO LisWires