Arbitral Awards As Sovereign Debt Risks: Impact of P&ID and EURAFIC Cases

Arbitral Awards As Sovereign Debt Risks: Impact of P&ID and EURAFIC Cases Background Deriving from the sovereignty principle, sovereign debt literary refers to how much a country’s government owes. Often times the primary source is through outside borrowing hence it can be defined as national or government debt because the word “sovereign” connotes national government.…