Economy & Business - June 2008 (ISSN 1741-7430)

Betting on Cuba

Debt 26 June 2008 Modified: 26 June 2008 204 views

The highly publicised economic changes in Cuba are temping some investors to dabble in Cuban debt. Cuban debt has long been among the most speculative. The country defaulted in 1986 and has not made any payments since. Furthermore, the debt is denominated in European currencies which, mostly, have been replaced by the Euro.

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