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Ecuador repays $1 billion in loans from Goldman, Credit Suisse- Reuters

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Ecuador landscape

Ecuador in April repaid $1 billion of loans made two years earlier by Goldman Sachs (GS.N) and Credit Suisse [CSAG.UL], the Andean country’s economy ministry said late on Thursday.

The loans at the time allowed Ecuador to advance in a process to renegotiate its foreign debt.

To read the full article on Reuters, click here.

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