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Venezuela offers chocolates but little else to creditors

Reuters  |  CARACAS 

By Deisy Buitrago and Brian EllsworthCARACAS (Reuters) - Venezuela's socialist government gifted chocolates to creditors on Monday, but offered no firm proposals at a brief meeting in Caracas that left investors without a clear understanding of the government's strategy to renegotiate $60 billion in debt.President Nicolas Maduro confused investors this month with a vow to continue paying Venezuela's crippling debt, while also seeking to restructure and refinance it.Both restructuring and refinancing appear out of the question, however, due to U.S. sanctions against the crisis-stricken nation. ...

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First Published: Tue, November 14 2017. 04:42 IST