The company has suspended payments on its $2.1 billion in debt for two months.
The bank was forced to suspend payments on December 14.
I think it would be more realistic to suspend payments and put these businesses on a black list.
Unisys, its main customer, had suspended payments earlier this week.
But utilities have not suspended payments in recent years.
The agency is also suspending payments to people suspected of trying to cheat the system.
The second point is that the Commission must get better at utilising the opportunity to suspend payments.
Spain suspended payments on its debt in 1739-effectively declaring bankruptcy.
Brazil has suspended payments on its foreign debt, the largest in the developing world, and last month consumer prices rose 36 percent.
Brazil announced a week ago that it intended to suspend payments on much of its foreign debt.