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Spain in talks to solve Panama Canal row

Friday, January 3, 2014

The Spanish government is in talks with Panama and Sacyr, the Spanish building firm at the heart of a row over a contract to expand the Panama Canal.

Spain's foreign ministry said that it was in the country's interest to "find a solution as soon as possible".

The building consortium working on the project has threatened to halt work unless it is paid $1.6 billion for overrun costs.

Source: BBC