Catholic World News
Prelate discusses Lebanon’s financial crisis
November 28, 2019
» Continue to this story on Fides
CWN Editor's Note: “Lebanese banks have been lending money for 29 years to the State,” said Maronite Archbishop Samir Nassar of Damascus. “Now the State is bankrupt and unable to pay back.” In an attempt to shore up the banks, depositors are now forbidden to withdraw more than $600 per week.
The above note supplements, highlights, or corrects details in the original source (link above). About CWN news coverage.
For all current news, visit our News home page.
Sound Off! CatholicCulture.org supporters weigh in.
All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a current donor, log in to see the comment form; otherwise please support our work, and Sound Off!