European financial regulators approved the outlines of the Argentine swap offer on up to 20 billion US dollars in defaulted bonds, putting Argentina a step closer to launching the exchange. The country aims to return to international debt markets by striking a deal with “holdout” creditors who rejected a tough 2005 restructuring of nearly 100 billion US dollars in defaulted debt. Read full article
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Disclaimer & comment rulesi am ashamed at Italy's foolishness as an Italian origin man !
Apr 28th, 2010 - 09:29 am - Link - Report abuse 0Commenting for this story is now closed.
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