A man drinks a beer in a local bar as he watches Puerto Ricos governor Alejandro Garcia Padilla on television delivering an address on the state of the island's finances, in San Juan, Puerto Rico, Monday, June 29, 2015. The governor said that he will form a financial team to negotiate with bondholders on delaying debt payments and then restructuring $72 billion in public debt that he says the island can't repay.
A man drinks a beer in a local bar as he watches Puerto Ricos governor Alejandro Garcia Padilla on television delivering an address on the state of the island's finances, in San Juan, Puerto Rico, Monday, June 29, 2015. The governor said that he will form a financial team to negotiate with bondholders on delaying debt payments and then restructuring $72 billion in public debt that he says the island can't repay. Ricardo Arduengo AP
A man drinks a beer in a local bar as he watches Puerto Ricos governor Alejandro Garcia Padilla on television delivering an address on the state of the island's finances, in San Juan, Puerto Rico, Monday, June 29, 2015. The governor said that he will form a financial team to negotiate with bondholders on delaying debt payments and then restructuring $72 billion in public debt that he says the island can't repay. Ricardo Arduengo AP

Americas

June 29, 2015 10:48 AM

Puerto Rico governor calls for ‘restructuring plan’ amid crisis

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