PANAMA CITY (Reuters) - The Panama Canal and a Spanish-led building consortium expanding the major world cargo route are haggling over financing to keep work going amid a cost dispute, raising hopes of a deal.
Building consortium Grupo Unidos por el Canal (GUPC), led by Spanish construction company Sacyr, has threatened to stop work on part of a project to widen and deepen the canal that was originally expected to cost about $5.25 billion (3.19 billion pounds).
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