Tag: Argentina IMF

Friday, February 14th 2020 - 20:46 UTC
Cristina Fernández/IMF controversy over the Fund's responsibility in Argentina' flight of capital

Argentine vice-president Cristina Fernandez de Kirchner insisted in her criticism of the IMF for the alleged violation of its statutes by awarding the previous Argentine administration of president Mauricio Macri a disproportionate credit, despite the fact the Fund rejected the accusation and ratified that no debt shaving is possible under its rules.
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.
Wednesday, February 5th 2020 - 09:43 UTC
Argentina's Economy minister holds “very constructive” talks with IMF chief

Argentina’s Economy Minister Martin Guzman met the head of the International Monetary Fund Kristalina Georgieva for two-and-a-half hours on Tuesday to discuss the country’s economic emergency, the ministry said.
Tuesday, February 4th 2020 - 08:30 UTC
Fernandez meets President Sanchez and King Philip VI in Madrid

Following what the Argentine delegation consider successful visits to the Vatican, Italy and Germany, with ample support for Argentina's strategy to address its foreign debt commitments, president Alberto Fernandez on Tuesday will be in Madrid to meet with president Pedro Sanchez and King Philip VI.
Tuesday, February 4th 2020 - 08:21 UTC
Germany pledges support for Argentina and its foreign debt strategy compliance

Argentine president Alberto Fernandez left Germany more than satisfied after Monday's evening meeting with chancellor Angela Merkel and in the morning with leaders of industry and finance, who pledged investments in Argentina.
Wednesday, January 29th 2020 - 08:58 UTC
IMF and Argentina say they held very productive talks in a New York meeting

IMF officials and Argentina's economy minister met in New York on Tuesday for what they called “productive” and “positive” talks as the South American nation looks for help from its main creditor to alleviate a challenging debt situation.
Thursday, January 23rd 2020 - 11:58 UTC
Argentina sends “debt sustainability” bill to Congress to restructure interest and capital payments

Argentina’s government of Alberto Fernandez is seeking to push through legislation to help solve a mounting debt crisis as the country struggles to make repayments to global creditors.
Friday, December 27th 2019 - 09:55 UTC
IMF mission expected in Argentina any moment; Fernandez expects to reach an accord by March 31st

Argentine president Alberto Fernandez revealed to media accredited at Government House, Casa Rosada, that in the coming days an IMF mission is scheduled to arrive in Buenos Aires to address economic issues.
Friday, November 29th 2019 - 08:41 UTC
Argentine president elect wants to pay debt, and promises no haircuts

Argentine president-elect Alberto Fernandez said on Thursday he did not want to fall short on debt obligations even as his government puts a premium on growth. Fernandez, who takes office on Dec. 10, will need to negotiate with creditors including the International Monetary Fund as Argentina buckles under the weight of about US$100 billion in sovereign debt.
Tuesday, November 26th 2019 - 09:52 UTC
New IMF head of mission in Argentina, as Macri prepares to step down from office

The International Monetary Fund has named as head of its mission in Argentina, Luis Cubeddu, 53, replacing Italian born Roberto Cardarelli. Cubeddu is knowledgeable in Argentina since he was in Buenos Aires between 2002/04, during a similar financial pre-default situation, as a member of the IMF representation.