Argentina will honor payments this week of bonds totaling some US$ 850 million

Tuesday, December 31st 2019 - 13:10 UTC

Full article 4 comments

The Argentine government announced that this week it will honor payments of some US$ 850 million, which correspond to two different sovereign bonds, one of them a century maturing bond issued in 2017 during the administration of ex-president Mauricio Macri. Read full article

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pgerman
“Lo que hizo Macri fue de una irresponsabilidad supina, no hay cómo pagarle a los jubilados. La fórmula de Macri es impagable, no la vamos a poder pagar nunca”. Presidente Alberto Fernandez

“What Macri did was of supine irresponsibility, there is no way to pay retirees. Macri's formula is priceless, we will never be able to pay it.” President Alberto Fernandez ...
Dec 31st, 2019 - 07:03 pm - Link - Report abuse +1
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adamsdc
Argentina is no different than most countries in South and Central America. Stupid people elect politicians who promise lots of “free stuff” and then have to become beggars to the IMF to fund their fantasies. It's time for the IMF to stop funding this nonsense and tell all of them to just grow up and live within their means.
Jan 01st, 2020 - 04:57 am - Link - Report abuse +1
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RICO
How dare you adamsdc, the people voted for Utopia, who are you to say they cannot have it. GIVE ME MY UNICORN!
Jan 01st, 2020 - 09:31 am - Link - Report abuse +1
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Tarquin Fin
@adamsdc

Isn't it strange that the IMF keeps falling for it? I guess we are the IMF's biggest client. Might it not just be about the “repeat business” principle?
Jan 03rd, 2020 - 02:00 am - Link - Report abuse +1
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