France praises Argentina's agreement with Paris Club and normalization efforts

Friday, May 30th 2014 - 05:11 UTC

Full article 12 comments

French Finance Minister Michel Sapin praised Argentina’s agreement with Paris Club creditors, saying it highlights the country’s effort to “normalize its relations with creditors.” Read full article

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golfcronie
Argentina not very good at keeping agreements, we watch and wait, anyway they have kicked the can down the road, good luck to the next government.
May 30th, 2014 - 07:25 am - Link - Report abuse 0
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Mick23
Dumb cheese eaters' ....
May 30th, 2014 - 12:00 pm - Link - Report abuse 0
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Conqueror
Seems argieland has agreed to pay US$9.7 billion. Slowly. Over 5 years. US$650 million in July and then another US$500 million in May 2015. That's US$1.15 billion. That's the first year. Four years to go. And the other US$8.55 billion will be when? Doesn't that require over US$2 billion every year? Next “presidential” con-job? 2015? Is that when the next bunch of crooks says that they won't be held to that?
May 30th, 2014 - 01:42 pm - Link - Report abuse 0
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tRoll_with_the_Punches
Outrageous. Not one cent should be going to enemies. Not one cent to RICH nations that DO NOT need 10 billion dollars.

Then they use that money to intimidate us economically and militarily. I am full 1000% against CFK on this one. Will do all in my power so that this deal is abrogated ASAP.
May 30th, 2014 - 01:45 pm - Link - Report abuse 0
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yankeeboy
4. You'll do everything in your power?
Bahahahaha
I told you in the end Argentina will pay if not now in the future. The debt doesn't go away and every day the interest clicks away.
May 30th, 2014 - 02:35 pm - Link - Report abuse 0
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ynsere
Golfcronie @ 1

Exactly. Perhaps there'll be another tearful default in a very few years' time.
May 30th, 2014 - 02:51 pm - Link - Report abuse 0
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Mr Ed
Oh, so Hector, the French Finance Ministry supports Argentina over the Falklands will be the next press release then?
May 30th, 2014 - 03:27 pm - Link - Report abuse 0
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golfcronie
@4
I am tired of these third world countries. They borrow money and are surprised that they have to pay it back with interest. Christ you are dumb, ever heard of contracts you dumbarse? It is an obligation, as in spanish obligacion
May 30th, 2014 - 04:29 pm - Link - Report abuse 0
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reality check
A froggy went a courting he did ride, ha hum.

A froggy went a courting he did ride, ha hum.
May 30th, 2014 - 05:39 pm - Link - Report abuse 0
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Zaphod102
@4 “Outrageous. Not one cent should be going to enemies.”

But they were your friends when they lent you the money!

Maybe some of those friends passed on that debt to less friendly people when you refused to pay them back, but whose fault was that? (A. Argentina's government).

“ I am full 1000% against CFK on this one. Will do all in my power so that this deal is abrogated ASAP.”

So if Max goes against his mother on this we'll know for certain who you are! :-D
May 30th, 2014 - 05:50 pm - Link - Report abuse 0
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Conqueror
@4 “I am full 1000% against CFK on this one. Will do all in my power so that this deal is abrogated ASAP.” Excellent idea. Argieland's reputation as corrupt, criminal and fraudulent remains unchanged. I like it! Good luck. No “borrowing”. No “export credits”.

Want some more good news? It is suggested that argieland will now seek to settle its dispute with the “hold-outs” out of court!
May 30th, 2014 - 07:52 pm - Link - Report abuse 0
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Jmackiej
You would need to be bonkers to invest in Argentina with its peculiar fasict/communist attitudes to government known as Peronsim.
Good luck to all.
May 30th, 2014 - 08:13 pm - Link - Report abuse 0
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