Tag: Argentine debt

Thursday, July 22nd 2021 - 09:46 UTC
Argentina's economy continues to shrink, but some analysts see recovery imminent

Argentina's Gross Domestic Product (GDP) has fallen 0.7% so far in 2021, which in addition to declines in 2018, 2019 and 2020, has led the country's economy to historic lows.
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Saturday, July 10th 2021 - 09:15 UTC
Argentine Economy Minister wants common tax on multinational companies higher than 15%

Argentina's Economy Minister Martín Guzmán Friday requested that a global tax to be applied to multinational companies was higher than the 15% put forward by the Organization for Economic Cooperation and Development (OECD).
Friday, June 25th 2021 - 17:45 UTC
Argentine shares on Wall Street plummet following MSCI downgrading

Friday dawned in Wall Street with the news that MSCI had decided to demote Argentina's economy two notches, from Emerging to Stand Alone and what Buenos Aires analysts feared by Thursday evening has become true.
Friday, June 25th 2021 - 16:09 UTC
Argentina downgraded to “independent market” in MSCI ratings

MSCI, formerly Morgan Stanley Capital International, a US company that measures stock performances worldwide to advise potential investors on their decisions, has removed Argentina from their various listings and added it to the dishonourable category of “stand-alone” economies.
Wednesday, June 23rd 2021 - 09:46 UTC
Argentina skips default thanks to agreement with Paris Club

Argentina's Economy Minister Martín Guzmán Tuesday announced that the Paris Club had agreed to give his country until March 31, 2022, to pay the US $ 430 million in instalments while the rest of the debt is renegotiated.
Tuesday, June 1st 2021 - 09:43 UTC
OECD foresees Argentina's economy will recover but still below pre-pandemic levels

The Organization for Economic Cooperation and Development (OECD) forecast that Argentina's economy will expand in 2021 and 2022, but will nonetheless remain way below pre-pandemic levels, according to its semi-annual report on World Economic Outlook released Monday in Paris.
Thursday, May 27th 2021 - 09:50 UTC
German Chancellor Merkel pledges to support Argentina in video-talk with President Fernández

Argentine President Alberto Fernández and German Chancellor Angela Merkel Wednesday held a video conference during which both leaders discussed various issues concerning the future of diplomatic and economic relations between their countries.
Saturday, May 15th 2021 - 09:39 UTC
Argentine President tells IMF head no more efforts from Argentine people acceptable

Argentine President Alberto Fernández Friday rounded up his one-week European tour with meetings in Rome with International Monetary Fund (IMF) Director Kristalina Georgieva and former US Secretary of State John Kerry before flying back to Buenos Aires.
Friday, May 14th 2021 - 09:27 UTC
Argentine President meets Italian PM, the Pope and a top World Bank official

Argentine President Alberto Fernández Thursday met with his Italian counterpart, Sergio Mattarella, with Prime Minister Mario Draghi and with Pope Francis in another stop of his one-week European tour.
Thursday, May 13th 2021 - 09:29 UTC
French President Macron supports Argentina regarding IMF, Paris Club talks

Argentine President Alberto Fernández Wednesday expressed his gratitude to his French colleague Emmanuel Macron for the latter's support with regards to debt renegotiations with the International Monetary Fund (IMF) and the Paris Club.