Tag: Hernán Lorenzino

• Saturday, November 17th 2012 - 23:09 UTC

  IMF questions plan to restructure Greek debt: “pls reality, not wishful thinking”

  

  An agreement among Greece's international creditors on reducing its large debt pile should be “rooted in reality and not in wishful thinking,” the head of the International Monetary Fund said ahead of a tense meeting with European leaders.

• Saturday, November 10th 2012 - 05:32 UTC

  Judge Griesa warns Argentina on defying paying holdout bondholders

  

  US District Judge Thomas Griesa told Argentina it should not even consider evading a recent ruling requiring it to pay bondholders who did not participate in two major debt restructurings after the country's 2002 default.

• Tuesday, November 6th 2012 - 20:04 UTC

  Argentina reiterates it will use all legal means to defend position against US court ruling

  

  Argentina will use all legal means to defend its position against a US court ruling that would force the country to repay creditors who sued to collect on defaulted Argentine bonds, Economy Minister Hernan Lorenzino reiterated in Mexico.

• Monday, November 5th 2012 - 13:02 UTC

  Argentina calls on G20 for global action against ‘predatory’ actions from ‘vulture funds’

  

  Argentine Economy Minister Hernán Lorenzino called for developed countries to set limits to ‘vulture funds’ and credit rating agencies as “promoters of the global crisis,” as he addressed the G20 Finance Ministers meeting in Mexico on Sunday.

• Sunday, November 4th 2012 - 06:24 UTC

  Argentina to blast ‘vulture funds’ at the G20 ministerial meeting in Mexico

  

  Argentine Economy Minister Hernán Lorenzino and Central Bank Governor Mercedes Marcó del Pont are leading the country’s delegation in the technical G20 meeting in Mexico, where they are expected to insist on the government’s criticisms against ‘vulture funds’ and credit rating agencies.

• Saturday, October 20th 2012 - 05:44 UTC

  Argentina and Colombia dispute place as second largest South American economy

  

  Argentine Economy minister Hernan Lorenzino struck back at Colombia’s claim that it has overtaken his country to become South America’s second largest economy behind Brazil.

• Wednesday, October 17th 2012 - 04:29 UTC

  Argentina minister blasts credit rating agencies for putting out “terrorist reports”

  

  Argentine Economy Minister Hernán Lorenzino ratified Wednesday’s down payment of the “Bonar X” dollar-bond for 200 million dollars and blasted credit rating agencies which along with speculators “set terrorist reports in order to make some profit out of it.”

• Thursday, October 11th 2012 - 05:39 UTC

  Coast and Border guards conflict finds a culprit and comes to an end

  

  The Argentine Coast and Border Guards conflict came to an end on Wednesday morning following an order for the officers to return to their posts and remain in barracks until new instructions.

• Wednesday, October 10th 2012 - 08:05 UTC

  Argentine security forces reject government offer and continue conflict

  

  Argentina Coast and Border Guards voted on Tuesday to continue with the eight day conflict after they considered ‘insufficient’ the government’s reply to their demands of higher salary and improved working conditions.

• Friday, September 28th 2012 - 06:12 UTC

  Argentina will adopt tough measures to guard nine years of economic achievements

  

  Argentina has “stronger financial support than other countries” and will adopt tough policies to guard the nine years of economic achievements, said Economy Deputy Finance Minister Axel Kicillof addressing the Lower House Budget and Finance Committee to discuss the main guidelines for next year’s budget.