Lebanon

Wahhab: There is Serious Discussion Among Banks About Declaring Bankruptcy

Wahhab: There is Serious Discussion Among Banks About Declaring Bankruptcy

The head of the Arab Unity Party, Wiam Wahhab, revealed that there is serious discussion among banks about declaring bankruptcy, which he considered to be a "major collapse." In a tweet on his Twitter account, Wahhab called for "urgent intervention and the state to take responsibility for its debts before the declaration of total devastation." He viewed his statement as a "warning in hopes that someone might listen."

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