By Ghassan Karam
Whenever a country is subjected to some turbulence; social political, economic or natural; its economic performance is bound to suffer. This has always been the case, all throughout history and it still is.
A year ago it held us all captivated, but as other markets begin to recover Lebanon’s allure is not so strong. Kipp takes a look.
By Emma Cosgrove
In early December, Finance Minister Raya Hassan announced that Lebanon had successfully issued $500 million in Eurobonds in an effort to refinance the country’s staggering public debt.
By Ghassan Karam
The subject of national debt, its burden or its sustainability has always led to heated debates and recriminations determined by ones political views.
By Ghassan Karam
There comes a point when an ever expanding level of debt and the ability to service it becomes unsustainable. It is our belief that the state of Lebanon has reached this stage.
By Ghassan Karam
Reading the news accounts about the press conference held by Finance Minister Raya Hassan was a cause for bewilderment and even confusion.