Padilla

FILE - In this Dec. 16, 2015, file photo, Puerto Rico Gov. Alejandro Javier Garcia Padilla speaks at a luncheon at the National Press Club in Washington. Garcia said on Sunday, May 1, 2016, that negotiators for the U.S. territory's government have ...

... the majority of what it owes, according to Reuters. The GDB said under the deal it has 30 days for negotiations before legal action is taken. In a televised speech Sunday, Gov. Alejandro Garcia Padilla said it was a “difficult choice” not to make ...

García Padilla also reserved some scorn for investors in Puerto Rican debt that have lobbied hard against any legislation that would allow the island to restructure its debts. SAN JUAN, Puerto Rico (AP) - A spiraling Puerto Rico debt crisis reached a ...

"I couldn't believe it, because it's a very calm neighborhood,” Padilla said. “So when they told us about it, right away, we were like, 'We need to figure out what we're going to do? How are we going to take care of this? We can't let anything happen ...