In the penultimate day of our series on sovereign debt default, we look at how Uruguay – whose banks became technically insolvent in 2003 following a flight of US deposits – became the poster boy of default management.
What happened
A history of debt defaults: Uruguay 2003
In the penultimate day of our series on sovereign debt default, we look at how Uruguay – whose banks became technically insolvent in 2003 following a flight of US deposits – became the poster boy of default management
