A Greek-Style Rescue Package Might Be on Its Way to Lebanon

The Market Mogul

In the coming months, Lebanon is hoping to secure a rescue package at interest rates of less than 1.5% over periods ranging from 20 to 30 years. The country, caught between Saudi Arabia and Iran, which back opposite sides in the Syrian War, is key to securing what’s left of peace in the Middle East. Deputy Prime Minister Ghassan Hasbani calls for an intervention “the same way that Greece was salvaged, but before it’s too late.”

From: The Market Mogul
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