By MARY WILLIAMS WALSH

The government said the move was the only way to reduce the existing debt of the Puerto Rico Electric Power Authority “to a sustainable level.”

Published: July 1, 2017 at 05:00PM

from NYT Business Day https://www.nytimes.com/2017/07/02/business/puerto-ricos-electric-power-authority-effectively-files-for-bankruptcy.html?partner=IFTTT
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