The Chonkerton

Venezuela reveals $240B in debt it cannot pay (~$100B more than expected)

business

According to Euronews, Venezuela has revealed two hundred forty billion dollars in outstanding debt—roughly one hundred billion dollars more than previously disclosed. The new figure comes as the country prepares what would be the largest debt restructuring in history, following the collapse of the Maduro government. The revelation underscores years of economic mismanagement and suggests Venezuela's fiscal crisis is far more severe than official estimates.

Source: https://www.euronews.com/business/2026/06/24/venezuela-pl...

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