News of debt

Sergio Chodos: ‘The fundamental thing is to get out of excessive debt’

20-07-2021 17:03 IMF Executive Director of the Southern Cone was a key member of the committee accompanying Economy Minister Martín Guzmán at the recent G20 summit. “The meeting with Janet Yellen was very good,” he reveals, regarding the US Treasury Secretary.

by Leandro Dario

IMF negotiating EFF programme with Argentina, says spokesperson

16-07-2021 01:48 International Monetary Fund and Argentina are negotiating an Extended Fund Facility (EFF) programme, IMF spokesman Gerry Rice told the press on Thursday.

Buenos Aires Province's creditors raise lawsuit stakes, add trustee to case

02-07-2021 16:34 Buenos Aires Province's creditors have stepped up their lawsuit against the region after talks failed last month to restructure US$7.1-billion in foreign debt.

Paris Club says Argentina has committed to IMF deal by next March

23-06-2021 18:50 The government has committed to reaching an agreement with the International Monetary Fund no later than the end of March as part of an understanding with the Paris Club to avoid default.

IMF sees US$45-billion deal with Argentina pushed into 2022

19-06-2021 09:20 International Monetary Fund privately estimates that any deal with Argentina will be pushed into 2022 as President Fernández has little incentive to quickly agree a new financing programme.

Massa heads to US on a special mission for Alberto Fernández

14-06-2021 17:15 Renewal Front leader lines up talks with key Democratic leaders, including Bill Clinton, and hopes to seal a date for a future meeting between Alberto Fernández and US President Joe Biden.

Germany is the capital of Paris

29-05-2021 11:20 Argentina is an old story for the Paris Club – indeed the oldest story of them all since its very first agreement back in 1956 was with the military regime which had just toppled Peronism.

by Michael Soltys

Ploughing on regardless

22-05-2021 09:40 For Argentina to have any chance of avoiding the fate which is looming before her, she would need a government strong-minded enough to confront reality, but the possibility of this happening any time soon looks remote.

by James Neilson

President Fernández holds 'positive' talks with IMF chief in Rome

14-05-2021 14:16 President Alberto Fernández said Friday he was hoping to renegotiate Argentina's debt "as quickly as possible," after talks with the head of the International Monetary Fund (IMF) in Rome.

Paris Club to spare Argentina from US$2.4-billion debt default

14-05-2021 13:58 Group of major creditor nations willing to delay US$2.4-billion debt payment from Argentina due this month if the Fernández administration agrees to certain conditions.

As Castro reign ends, Cuba is mired in a debt debacle once again

27-04-2021 12:39 With hardly enough cash to pay for food imports now as Raúl Castro gives up his last vestiges of power – bringing an end to six decades of Castro family rule – Cuba can’t make good on the debt repayment deals that had been hailed as a sign of its return to the international stage just a few years earlier.

Buenos Aires Province wants to resume talks with bondholders

26-04-2021 16:34 Five weeks after being sued by creditors in a New York court, Buenos Aires Province says it is ready to return to the negotiating table.

IMF official says timing of new debt deal depends on Argentina

17-04-2021 09:11 IMF Western Hemisphere Director Alejandro Werner says a lot of “advanced work” on a new financing programme for Argentina has been completed. But the timing of a new deal depends on the Alberto Fernández administration, he adds.

IMF official says timing of new debt deal depends on Argentina

16-04-2021 13:55 IMF Western Hemisphere Director Alejandro Werner says a lot of “advanced work” on a new financing programme for Argentina has been completed. But the timing of a new deal depends on the Alberto Fernández administration, he adds.

Guzmán: IMF credit line deal will not be finalised before May

05-04-2021 10:28 Economy Minister Martín Guzmán says a plan with the International Monetary Fund to repay US$45 billion in debt won’t be finalised by May or June.

On ‘the fear’ and philosopher kings

03-04-2021 08:17 When polarisation and emotional entrenchment reaches the level of a football rivalry, the democratic system begins to fail.

by Agustino Fontevecchia

Pay no more revisited

27-03-2021 08:18 The urgent question is whether CFK and Guzmán are on the same team and executing some kind of coordinated play to eventually force a deal with the IMF.

by Martín Gambarotta

A country caught in a time warp

27-03-2021 07:57 Obsessed as they are by the world of almost half a century ago, Cristina and her admirers have little interest in the country they are now governing.

by James Neilson

Buenos Aires Province sued in US for missed debt payments

23-03-2021 18:56 Creditors submit a legal claim against the province of Buenos Aires in the US District Court for the Southern District of New York.

Debt restructuring talks for Buenos Aires Province stall

22-03-2021 16:23 After nearly a year of extending the deadline of its debt restructuring proposal, fresh documents published by Argentina’s largest province show talks remain stuck.