Tag: Alberto Fernandez

• Friday, February 14th 2020 - 21:08 UTC

  Fernandez insists Argentina needs more time to honor its debt with IMF

  

  Argentine president Alberto Fernandez said that the country “needs more time” to honor its debt with the IMF and underlined he would like “a commitment of the Fund with Argentina”. He also welcomed what he described as a “common sense dialogue with the IMF mission” currently in Buenos Aires for a review of the country's finances and economic prospects.

• Friday, February 14th 2020 - 09:59 UTC

  Fernandez/Bolsonaro summit in Montevideo in doubt, but both sides willing to meet

  

  Argentine president Alberto Fernández said he was not sure to attend the inauguration of Uruguayan president Luis Lacalle Pou, next March first, when he was expected to meet his Brazilian peer Jair Bolsonaro. Anyhow Fernandez insisted he was most willing to have an interview with Bolsonaro whenever possible.

• Friday, February 14th 2020 - 08:40 UTC

  Argentine inflation drops to 2.3% in January, helped by the freeze of several items

  

  Argentina inflation decelerated to 2.3% in January, the official statistics agency said on Thursday, well below analyst expectations for a 3.4% rise.

• Friday, February 14th 2020 - 08:28 UTC

  Argentina anticipates rough times for bondholders in any of three possible economic scenarios

  

  Argentina’s economy minister confirmed bondholders’ worst fears, telling them to brace for significant losses as the country restructures its debt amid an economic crisis. Martin Guzman warned that holders of Argentine debt will probably be disappointed by the restructuring, without providing specifics on how steep losses could be.

• Thursday, February 13th 2020 - 10:12 UTC

  IMF mission begins talks in Argentina; Government presented his fiscal plan to Congress

  

  Recession-hit Argentina opened talks on Wednesday with a team from the IMF, seeking relief from what President Alberto Fernandez says is an unsustainable foreign debt. The delegation, led by Julie Kozack and Luis Cubeddu, arrived in Buenos Aires for a week-long visit as left-wing groups staged public protests to demand a suspension of debt payments.

• Thursday, February 13th 2020 - 10:10 UTC

  Bolsonaro-Alberto Fernandez summit and “cordial embrace” in Montevideo next March first

  

  Brazilian president Jair Bolsonaro has proposed a meeting with his Argentine peer Alberto Fernandez on March first in Montevideo when Uruguayan president-elect Luis Lacalle Pou takes office. The information was announced by Argentine foreign minister Felipe Solá, after meeting president Bolsonaro for fifty minutes at his office in Brasilia.

• Wednesday, February 12th 2020 - 09:29 UTC

  Argentina delays bond maturity date from 13 Feb to 30 Sept: “the country will not be held hostage by foreign investors”

  

  Argentina said it won’t make a local bond payment on time after failing to refinance the debt, declaring it won’t be “held hostage” by foreign investors demanding their money back. The maturity date for the note will be delayed to Sept. 30 from the original Feb. 13, the Economy Ministry said in a statement.

• Monday, February 10th 2020 - 10:34 UTC

  Francis expected to receive ex president Lula at the Vatican next Thursday

  

  Pope Francis will receive former Brazilian president Lula de Silva next February 13, according to reports advanced by the country's media and later confirmed by Lula in his twitter account.

• Monday, February 10th 2020 - 08:56 UTC

  Cristina Fernandez: Argentina will not pay “even half a cent” of its IMF debt until the country exits recession

  

  Argentine Vice President Cristina Fernandez de Kirchner said on Saturday in Havana that the government will not pay “even half a cent” of its debt back to the International Monetary Fund before the country has exited recession.

• Friday, February 7th 2020 - 09:50 UTC

  “Tell president Fernandez that he count with the support of this president”, Trump tells Argentine ambassador

  

  Argentine president Alberto Fernandez should be back in Buenos Aires on Friday following a European weeklong tour where he met the Pope and several leaders as part of his strategy to address the rescheduling of the country's foreign debt, which has the Argentine economy prostrated and with minimum chances of recovery if it has to meet capital and interest commitments.