Focus – Montenegro’s freeway to debt: Unfinished Chinese language street comes with strings hooked up | Latest News Table

Focus – Montenegro’s freeway to debt: Unfinished Chinese language street comes with strings hooked up

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Again in 2015, Montenegro contracted a whopping €1 billion mortgage from China. The purpose was to pay a Chinese language contractor to construct a freeway permitting quicker entry to distant elements of the nation. However six years later, the work is nowhere close to full and the cash has already been spent. To make issues worse, the contract states that if Montenegro finally ends up being unable to repay the mortgage, it must quit a few of its territory to China. Our France 2 colleagues report, with FRANCE 24’s Olivia Bizot.

Programme ready by Olivia Bizot.

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