MercoPress, en Español

Montevideo, April 19th 2019 - 11:05 UTC

Tag: corralito

  • Tuesday, May 31st 2016 - 18:47 UTC

    Argentina’s Eternal Debt Problem

    Argentina’s absence from international capital markets began in 2001, when a deep economic crisis brought about the end of the decade-old Convertibility Plan

    By Carmen Reinhart (*) Argentina recently emerged from nearly 15 years of the most litigious sovereign default in modern times, if not ever. Now it has the opportunity to reenter the global financial system and build a more stable and prosperous future. It is a chance that the country must be careful not to squander.

  • Friday, August 3rd 2012 - 08:36 UTC

    CFK defends Argentina’s economic model and capacity to honour debts

    Banks never made so much money as with my government, said CFK

    While addressing the nation from the Buenos Aires stock exchange floor, Argentine President Cristina Fernández strongly defended the policy of drastically cutting debts, which guarantees “greater independence”, and of stimulating the economy because only with resources can debts be paid, “the dead don’t pay debts”.

  • Tuesday, July 31st 2012 - 04:04 UTC

    Cristina Fernandez prepares another ‘independence day’ celebration next Friday

    On that day the Argentine president is expected to reaffirm the current economic model

    Argentina is ready to cancel next Friday a bond issue which was handed out to residents with bank deposits victims of the so called “corralito” (paddock) in 2002 when the collapse of the Argentine economy and financial system.