Let us not forget that Standard & Poor, Moody and Fitch rating services are financed by the banks and therefore have no real independence.
Part 2 - A pleasant "atmosphere" for the meeting
Last Friday, a new list of sanctioned officials emerged from the U.S. Treasury Department against Caracas. In this group, which is made up of nearly 20 members of the government, including President Maduro, came the warning: "Americans should be cautious in their relations with the Venezuelan government," added the statement from Washington.
It demanded that they did not get involved in "transactions, agreements, in a manner directly or indirectly" with the officials named on the list of the treasury department under penalty of fines of up to 10 million dollars and imprisonment for a maximum 30 years.
In that atmosphere that was also burdened with the sanctions agreed by the Council of the European Union bondholders met to arrange the refinancing or restructuring of the Venezuelan debt in the White Palace, a building located opposite Miraflores Palace which is the seat of government in the capital city.