Tag: Argentina debt crisis

• Saturday, August 8th 2015 - 08:54 UTC

  Argentine embassy in US launches website on the struggle with 'vulture funds'

  

  The Argentine Embassy in the United States has launched a website to explain the conflict between Argentina and holdout investors commonly referred to as “vulture funds”. The website explains the origins of the conflict, its history, and provides documents and expert opinions on the subject. Its virtual library has until now over 200 documents and 100 independent sources.

• Wednesday, June 17th 2015 - 05:46 UTC

  Stiglitz comes to the rescue of Argentina and Greece on debt restructuring

  

  Nobel Prize-winning economist Joseph Stiglitz has reiterated his support for a wider system of control on international sovereign debt restructuring, citing the examples of Argentina, Greece and Ukraine to back up his assertion that the area needs more supervision to protect those involved.

• Saturday, June 6th 2015 - 08:00 UTC

  Argentine debt climbed 5.4bn of Friday following Griesa's ruling favoring 'me too' bond holders

  

  Argentina must pay US$5.4 billion to more than 500 “me-too” holders of defaulted debt before it can pay the majority of its creditors, a US judge ruled on Friday. Argentina anticipated it would appeal the ruling.

• Tuesday, August 5th 2014 - 06:50 UTC

  Barcena anticipates that Argentina will probably have negative growth in 2014

  

  Argentina's economy probably will contract in 2014, the head of the United Nation's body for Latin America and the Caribbean, ECLAC said on Monday, as fallout from a new sovereign debt crisis will keep the country out of money markets.