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MercoPress, en Español

Montevideo, April 18th 2024 - 23:52 UTC

Tag: defaulted debt

  • Thursday, January 21st 2016 - 07:24 UTC

    Holdouts request postponement of Argentina's proposal to solve dispute

    Caputo met in New York with mediator Pollack and holdout representatives and announced that on January 23, Argentina would present its proposal

    Representatives from holdout investment funds have requested the Argentine government to postpone until the first week of February, next week's scheduled proposal to overcome the country's debt situation which remains technically in default.

  • Friday, May 8th 2015 - 07:37 UTC

    Argentina denies as 'inexact' any embargo on embassy bank funds in Belgium

    Axel Kicillof's ministry was responsible for the release

    The Argentine government in a late release on Thursday strongly denied an 'inexact information' related to alleged embargos by speculative funds (or vulture funds) on bank accounts from the Argentine embassy and its staff, in Belgium, and said that the attempts to freeze 'embassy funds' are but a new extortion attempt and a clear procedure abuse which could be sanctioned by Belgian tribunals.

  • Thursday, May 29th 2014 - 05:37 UTC

    Argentina announces an understanding with the Paris Club on defaulted debt

    Kicillof is heading the negotiations and was described as very 'skillful'

    Following twelve hours of discussions the Argentine delegation headed by Economy Minister Axel Kicillof managed on Wednesday to agree the main points for Argentina to overcome the approximately 9.5bn dollars default with countries that make up the Paris Club, according to late reports from the French capital.