Welcome to The Brink. This is Libby Cherry in Frankfurt and Giulia Morpurgo in London, where we are looking at how soft-touch debt restructurings have backfired. We also have news on Intrum, a new type of debt protection and sovereign debt negotiations in Ghana, Sri Lanka and Ethiopia. Follow this link to subscribe. Send us feedback and tips at [email protected] or DM on X to @libbycherry98.

Sometimes you can’t avoid the inevitable in debt talks. Soft restructuring deals are proving…