Argentina clears the way for outstanding debt swap and new bonds issue

Friday, December 11th 2009 - 13:52 UTC

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In the latest step to finish with outstanding debt problems and return to markets, the Argentine government officially allowed issues of new bonds to be swapped for defaulted government paper. Read full article

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<the goverment says it can comfortably meet all payment-13bln$>then there will be need of some harshly arrangements inside of Economy !!.

Swaps are neccesary items but not resolve the-- Running Problems-- of the Economic System permanently !!.
Dec 12th, 2009 - 03:14 am - Link - Report abuse 0
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