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Puerto Rico Archbishop Calls for Negotiated Settlement to Island Debt Crisis


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Puerto Rico Archbishop Calls for Negotiated Settlement to Island Debt Crisis

Jubilee USA

WASHINGTON - San Juan's Archbishop, Roberto González Nieves, called on Puerto Rico's government and debt holders to negotiate a "comprehensive" solution to the island's debt crisis in a United Nations speech this past Tuesday. The Archbishop asked any so-called "vulture" funds who hold the US territory's debt, to "stop lobbying Congress" and "...join other creditors of goodwill...to help broker a solution" to Puerto Rico's fiscal crisis. The Governor calls the debt "unpayable," as Puerto Rico faces another billion dollar payment on the first of January.

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