Analysis: 'No free lunch' for Lebanon any more, donor states warn


  • World
  • Tuesday, 17 Nov 2020

FILE PHOTO: A general view shows damages following Tuesday's blast in Beirut's port area, Lebanon August 8, 2020. REUTERS/Hannah McKay/File Photo

BEIRUT/PARIS (Reuters) - Western powers seeking to rescue Lebanon's teetering economy have given the country's leaders an ultimatum: there will be no bailout unless they form a credible government to overhaul a bankrupt state – and do it quickly.

France, the United States and other donors who repeatedly came to Lebanon's aid since the 1975-90 civil war are losing patience with its politicians, many of them familiar faces in charge during the country's descent into economic crisis.

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