President Cristina Fernandez revealed during the Mercosur summit in Uruguay on Friday that as a result of the judicial dispute between Argentina and the hedge funds, a few countries in Europe are not a flying option for her.
The Argentine president made the admission during her speech to her peers in support of Mercosur unity and condemning the attitude of four European countries that denied their air space to Bolivian president Evo Morales who was forced to land in Vienna and wait thirteen hours.
“I am going to be extremely sincere. I cannot fly to some countries in Europe with my presidential airplane, because there might be a judge who will dispose a seizure order after a ‘vulture fund’ request”, explained Fernández de Kirchner.
If I am aboard, I don't know if they won't seize me as well, she said. There are new forms of colonialism, more subtle than those practiced centuries ago.
After joking that probably they would keep the plane and let her go “To the disappointment of the opposition in my country”, Cristina Fernandez insisted that “we still see people that want to disunite us, they want to divide us, so they can take our natural resources”.
In October, Argentina suffered a similar situation when Ghana’s justice ordered the detention of the frigate “ARA Libertad” naval ship, due to a hedge fund request that holds Argentine defaulted bonds and demands full payment of capital and interest.
ARA Libertad, the flagship of the Argentine navy was impounded for two months because of the demand from a Cayman based investment firm alleging Buenos Aires owes it 370 million dollars.
In January, the Argentine government had to rent a British aircraft for Kirchner's trip to Cuba, the United Arab Emirates, Indonesia and Vietnam for fear that her official plane would be impounded in a debt dispute.