Goldman Sees Imminent Debt Restructuring of Lebanon Unlikely

The video discusses Lebanon's debt situation, focusing on concerns about debt sustainability and a report by Goldman Sachs. It explores the potential restructuring of eurobonds and the implications for bondholders, highlighting the relationship between the Central Bank and local banks. The discussion also covers the interplay between sovereign debt and banks, drawing parallels to the eurozone crisis. The video concludes with an analysis of foreign concerns and the slowdown in Lebanon's economic growth.

What was the main concern discussed in 2018 regarding Lebanon's debt?

• The potential for high inflation

• The sustainability of the debt

• The impact on foreign investments

• The rise in unemployment rates

According to Goldman Sachs, what is the expected recovery for euro bondholders in case of restructuring?

• $0.50 on the dollar

• $0.90 on the dollar

• $0.75 on the dollar

• $0.35 on the dollar

What financial crisis is compared to Lebanon's situation in the second section?

• The Asian financial crisis

• The eurozone sovereign debt crisis

• The Latin American debt crisis

• The global financial crisis of 2008

What percentage of Eurobonds was owned by local banks in Lebanon more than two years ago?

• 30%

• 90-95%

• 65%

• 50%

What was the economic growth rate in Lebanon from 2011 to 2018?

• 3.5%

• 1.6%

• 5.0%

• 6-7%