Tag: Hernán Lorenzino

• Wednesday, January 25th 2012 - 07:49 UTC

  Boudou says ‘house in order’ as President Cristina Fernandez prepares for the comeback

  

  In his last public appearance as Argentine acting President, Vice-President Amado Boudou announced on Tuesday the figures of 2011’s fiscal surplus and gave a strong defence of the Kirchner economic inclusive development model.

• Wednesday, December 7th 2011 - 02:18 UTC

  New Economy minister: market friendly and an expert in debt negotiations

  

  Hernán Lorenzino, 39, currently Finance Secretary and beginning next Saturday Argentina’s Minister of Economy is considered market friendly, has a vast experience in debt negotiations and accompanied President Cristina Fernandez in her recent trip to the G20 summit in France.

• Wednesday, December 7th 2011 - 02:00 UTC

  Positive reaction to Cristina Fernandez names for top cabinet posts

  

  The Argentine government unveiled on Tuesday the list of the new cabinet members for President Cristina Fernández second mandate which will start next Saturday when she takes the oath of office. The initial reactions were positive both in the political system and from markets.

• Thursday, September 29th 2011 - 16:17 UTC

  US decision to vote against loans for Argentina “will not affect funding for 2012”

  

  Washington's decision to vote against loans for Argentina from multilateral development banks “will not affect the country's funding for 2012”, an Argentine government source said on Wednesday.

• Thursday, September 29th 2011 - 00:12 UTC

  US will vote against loans to Argentina in World Bank and IDB

  

  The US State Department said on Wednesday that Argentina must normalize relations with creditors. The statement follows an announcement last week from the Treasury Department warning that the US will vote against granting loans to Argentina in multilateral organizations.

• Friday, March 4th 2011 - 01:20 UTC

  Argentine Treasury appeals to government banks to pay debts

  

  Argentina's Treasury will borrow 8.40 billion pesos (2.02 billion US dollars) from state-run Banco Nacion this year to refinance some of its debt with the bank, a top official told state news agency Telam on Wednesday.

• Monday, February 14th 2011 - 21:07 UTC

  Argentina hopes to reach an agreement with the Paris Club this month

  

  Argentina’s Economy Minister Amado Boudou heads to France this week to participate in the G20 ministers meeting and will take advantage of the trip to further advance tentative negotiations to resolve the defaulted debt Argentina has with the Paris Club.

• Thursday, November 18th 2010 - 20:33 UTC

  Argentina/Paris Club debt negotiations have a deadline: April 2011

  

  Finance Secretary Hernán Lorenzino said Argentina wants to successfully conclude negotiations with the Paris Club Group of creditor nations involving 6.7 to 8 billion US dollars in defaulted debt before April.

• Wednesday, April 28th 2010 - 03:34 UTC

  European Financial Regulators Clear the Way for Argentina’s Bonds Swap Offer

  

  European financial regulators approved the outlines of the Argentine swap offer on up to 20 billion US dollars in defaulted bonds, putting Argentina a step closer to launching the exchange. The country aims to return to international debt markets by striking a deal with “holdout” creditors who rejected a tough 2005 restructuring of nearly 100 billion US dollars in defaulted debt.