Argentina announced Thursday it had deposited restructured bonds' payments

Friday, June 27th 2014 - 07:53 UTC

Full article 12 comments

Argentina announced on Thursday morning it had deposited a billion dollars to honor restructured bonds' 30 June payment and at the same again asked for a new stay from New York Judge Thomas Griesa on the 'pari passu' ruling that forces the country to also pay holdouts 100% of defaulted bonds face value. Read full article

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Anglotino
Kicking and screaming.

But Argentina will pay.

Eventually.
Jun 27th, 2014 - 08:10 am - Link - Report abuse 0
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willi1
ghostrider kicillof: “Not paying when having the resources is something that is not contemplated in Argentine law....”
seems that he never read the arg law especially the k and cfk decrets. he is soo young... we MUST forgive him his bloody comments.
Jun 27th, 2014 - 08:46 am - Link - Report abuse 0
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Conqueror
Get the other 1.33 billion out of piggy's bank. Only 3 days left. The stay has been rejected. PAY!
Jun 27th, 2014 - 09:00 am - Link - Report abuse 0
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darragh
Carlos Zanini, read a statement warning that ”consequences of those actions (seizure) will rest upon the United Nations because of the international responsibilities relating to its Judicial branch decisions“.

WTF has it got to do with the UN or is Argentina going to get the C24 poodles to make one of it's authorative pronouncements?
Jun 27th, 2014 - 11:29 am - Link - Report abuse 0
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ChrisR
Kickitoff is unwittingly setting himself up to be the fall guy for TMBOA.

That will finish him forever in The Dark Country: he is already one of her “bitches” and when she goes she will leave all the “bitches” to fend for themselves.

I shall enjoy seeing that.
Jun 27th, 2014 - 12:06 pm - Link - Report abuse 0
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Z-ville
He's still out there trying to win favor with the judge by calling him 'absurd'?

OK, so depositing the funds in the manner that they did may technically allow them to claim that they are not Argentine assets anymore. But isn't that doing exactly what the judge told them not to do?
Jun 27th, 2014 - 04:47 pm - Link - Report abuse 0
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knarfw
Boinnnggggg said Zebedee.
Jun 27th, 2014 - 05:16 pm - Link - Report abuse 0
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Captain Poppy
Cristina...... You see that flash of light in the corner of your eye? That's your political career dissipation light. It just went into high gear.
Jun 27th, 2014 - 08:17 pm - Link - Report abuse 0
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ManRod
Argentina, you WILL pay your FULL debt... or you'll go into Default, again.
Your “Viveza Criolla” you re so proud of and mocked everybody else will not work anymore. It's the “former corrupt governments fault of Menem!” I often hear as a kind of excuse. So what? Do you wanna say, that after every ellection all 4 years your debts is void ? ROFL... You will pay, and then probably the resting 92% you screwed t have a chance to also reopen the debt claim too. Then Justice will finally have won. Karma is a bitch, unfortunately for you.
Jun 28th, 2014 - 07:53 am - Link - Report abuse 0
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BOTINHO
Bom Dia -

In this morning's news, US Judge Griesa is stating that the money deposited this week must be returned to Argentina.

Evidentially Elvis and the Argentine government tried to use those funds to pay only those that took a scalping with the reduced amounts, and not those holding out for full payment.

Did Sr. Memem come up with that plan too ?

And in better news, BRASIL and CHILE compete today with full teams. It will be interesting to see how Uruguai and Colombia fair later, with one absent.
Jun 28th, 2014 - 09:12 am - Link - Report abuse 0
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The Cestrian
http://online.wsj.com/articles/argentina-makes-bond-payment-in-new-york-to-exchange-bondholders-1403798722

A damning indictment of Argentina.
Jun 28th, 2014 - 09:48 am - Link - Report abuse 0
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Captain Poppy
How did that work out Argentina? Insult the judge some more.
Jun 28th, 2014 - 01:01 pm - Link - Report abuse 0
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