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Government Remains Neutral in Creditor War

The conflict rehashes the debate of whether the Government issued debt illegally

21 de marzo de 2017 - 12:52 PM

Archival note
This content was published more than 7 years ago.
“What the Government of Puerto Rico asks is to settle this (controversy) as soon as possible,” Elías Sánchez said.
“What the Government of Puerto Rico asks is to settle this (controversy) as soon as possible,” Elías Sánchez said. (xavier.araujo@gfrmedia.com)

Washington – Ricardo Rosselló’s administration refuses to take sides in the judicial battle waged between general obligation (GO) and COFINA (Puerto Rico Sales Tax Financing Corporation) bondholders, where new life has been breathed into the debate of whether Puerto Rico's Government issued debt illegally.

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