DEBT TALKS Paris Club requires Argentina stick to IMF deal to rework debt 07-07-2022 14:20 Paris Club group of wealthy creditors says government must give assurances that it will comply with IMF deal if talks over restructuring of debt are to continue.
DEBT RESTRUCTURING Argentina formalises debt repayment deferment with Paris Club 31-05-2022 13:07 President Alberto Fernández's government reaches a deal with the Paris Club to postpone payments on more than US$2 billion of debt for more than two years.
PARIS CLUB DEBT Postponement of Paris Club debt payment gives breathing room 23-03-2022 15:39 Argentina's government has secured an extension of an agreement with the Paris Club group of rich nations that allows it to postpone an imminent payment of about US$2 billion.
DEBT RESTRUCTURING Argentina extends Paris Club talks over US$2 billion to June 30 23-03-2022 14:02 Argentina reaches an agreement Tuesday with a group of wealthy nations known as the Paris Club to finalise by June 30 a repayment programme on US$2 billion of debt.
NEW ROUND OF FUNDING World Bank approves US$2 billion of funds for Argentina in 2022 23-02-2022 12:45 World Bank commits more than US$2 billion in fresh funding to Argentina following meeting with officials.
IMF DEBT TALKS Nobelist Stiglitz rebuffed after praising Argentina’s 'economic miracle' 21-01-2022 18:06 Nobel laureate economist Joseph Stiglitz is facing a wave of criticism from peers after he claimed crisis-prone Argentina is witnessing “an economic miracle.”
BLOOMBERG Argentine warrants more than double after ruling favours Aurelius 03-12-2021 01:27 US court rules Argentina will be required to show how it calculated statistics at the centre of a legal battle between the country and hedge fund Aurelius Capital Management LP.
Education 'We're ignorant': Illiteracy haunts isolated Venezuelan village 13-10-2021 09:28 People in Ologá are facing a serious problem due to the lack of education, although it is far from being their main trouble since, for a long time now, they have also been suffering from lack of electricity, water, and domestic gas.
BLOOMBERG Argentina to offer new liquidity Treasury notes called Lelites 07-10-2021 21:41 Economy Ministry announces it will offer new Treasury liquidity bills called Lelites.
Bloomberg Argentina looks to mutual funds for additional local funding 02-10-2021 08:18 Argentina took a new step on Friday to boost its local financing options in pesos as the midterm elections approach.
COURTS Court tells daughter of Hugo Moyano to return cash seized in raid 01-09-2021 20:22 Judge tells Karina Moyano, daughter of veteran trade unionist Hugo Moyano, to hand over 600,000 pesos and US$434,000 within the framework of money-laundering and drug-trafficking probe.
DEBT TALKS 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.
DEBT TALKS Guzmán confirms Argentina has reached deal with Paris Club 22-06-2021 18:04 Economy Minister Martín Guzmán confirms Argentina had reached an agreement with the Paris Club of creditor countries to avoid defaulting on a loan repayment in July.
DEBT TALKS Argentina plans partial payment to Paris Club, averting default 22-06-2021 16:26 Government will make a partial payment to Paris Club group of creditors to avert default.
And that reminds me… Grabbing the wealth of health by stealth 19-06-2021 09:51 Replacing Argentina’s fragmented system with a comprehensive public health system is highly rational in principle and there are some positive examples abroad – but what are the chances of these being emulated under the current government? by Michael Soltys
Bloomberg Argentines hedge against yet another inflation spiral 15-06-2021 17:46 Amount of money placed in mutual funds that invest in inflation-linked debt in Argentina has leaped 40% in just 30 days, far outstripping any other type of fund.
DEBT TALKS Argentina to use Paris Club grace period to further debt talks 31-05-2021 11:04 Government to hold off on US$2.4-billion debt payment with Paris Club due Monday and will instead use a 60-day grace period to try to reach an agreement with the group and avert default.
DEBT TALKS 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.
Bloomberg Argentina seeks Paris Club deal amid IMF talks, Guzmán says 18-04-2021 22:18 Argentina is pressing the Paris Club to renegotiate debt as separate talks to strike a deal with the International Monetary Fund drag on, says Economy Minister Martín Guzmán.
Global pandemic Venezuela claims sanctions blocking vaccine purchases 08-04-2021 11:48 Venezuela's foreign minister claims that without economic sanctions against the government of President Nicolás Maduro, the country would already have purchased all 30 million coronavirus vaccines it needs.
BLOOMBERG 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.
INVESTMENT President pitches Argentina to top global investment funds 16-03-2021 21:23 President Alberto Fernández pitched Argentina’s growth potential to a host of top global investment funds on Tuesday, as he asked them to back the country and its bid for economic recovery.
ANALYSIS Fernández conditions IMF talks with lines from Instituto Patria 06-03-2021 09:15 Argentina’s Peronist leader has delivered the International Monetary Fund a clear message, echoing the lines of a Kirchnerite think-tank and modifying Economy Minister Martín Guzmán’s plans to seal a debt restructuring deal by May.
ANALYSING BUDGET Budget 2020: 60% used to pay pensions, social plans or subsidies 16-01-2021 08:26 Six out of every 10 pesos in last year’s Budget went to paying for pensions, social plans or business subsidies. Both government and private calculations estimate last year’s primary deficit to be around 6.5% of GDP. by Gabriel Ziblat
BLOOMBERG Argentina seeking US$5 billion from multilateral banks for 2021 22-12-2020 20:41 Argentina is seeking about US$5 billion for next year from multilateral organisations other than the International Monetary Fund, reports Bloomberg.
AS I SEE IT Buenos Aires under fire 05-12-2020 10:28 Cristina and her friends hope that by defunding the City government they will force the mayor to cut spending to the bone, which they assume should be enough to turn people against him. by James Neilson
Revenue-sharing row City mayor rails against 'political attack' as tensions over funding soar 03-12-2020 11:20 Political tensions have surged back to the fore in Argentina after the Chamber of Deputies approved by a 129-118 vote a sharp cut in this city’s federal revenue-sharing funding on Tuesday following a marathon 20-hour session and intense debate.
IMF TALKS Government to request Extended Fund Facility programme from IMF 14-11-2020 10:26 Guzmán tells reporters Argentina will seek an Extended Fund Facility programme, a scheme that normally implies a commitment to significant economic reforms.
BLOOMBERG BlackRock's Fink says Argentina won't soon regain investor trust 06-11-2020 08:15 Blackrock Inc. CEO Larry Fink said Argentina has a long way to go before it can regain investor confidence.
IMF MISSION TEAM DEPARTS IMF predicts 11.8% GDP slump, says talks will start in November 17-10-2020 10:18 IMF chief Kristalina Georgieva says Argentina needs “a credible and comprehensive economic agenda that balances supporting the economy and people in this difficult time.”
PERIODISMO PURO | INTERVIEW Sergio Chodos: ‘The intention is to ask the IMF for financing in order to leave it’ 17-10-2020 08:57 The visit of a mission team from the International Monetary Fund has begun a new chapter for Argentina and its deteriorating economy. Sergio Chodos, Executive Director for the Southern Cone at the IMF and the official perhaps closest to Economy Minister Martín Guzmán, says the government is seeking an agreement with the Fund, in order not to depend on it any longer. by Jorge Fontevecchia
Corruption scandal Brazilian senator caught hiding money 'between buttocks' 15-10-2020 19:38 A Brazilian lawmaker has stepped down from his position representing President Jair Bolsonaro’s government and been suspended from the Senate, after police searched his house and found allegedly illegally obtained cash hidden in his underwear.
BLOOMBERG - OPINION El-Erian: Argentina and Ecuador diverge after bond restructurings 11-10-2020 09:18 A month after finalising historic “zoom” debt restructurings, Argentina and Ecuador find themselves on starkly different paths toward economic and financial improvements.
GUEST VOICE Behind the conflict with the police 12-09-2020 09:43 The reasons for the protest? We can divide them into two main categories: institutional and political. by Andrei Serbin Pont
EDITORIAL Cops and robbers 12-09-2020 09:08 The solution can all too often be the problem. It’s a paradox which applies to this week’s federal revenue-sharing shuffle at the chief opposition district’s expense, to appease a mutinous Buenos Aires provincial police.
REVENUE-SHARING ROW Opposition anger at ‘unconstitutional’ federal revenue-sharing move 12-09-2020 09:00 Buenos Aires City Mayor Horacio Rodríguez Larreta said the president had chosen “division” over “dialogue.”
DEBT RESTRUCTURING Argentina exits default after US$65-billion debt deal 07-09-2020 21:53 Nation officially emerges from its ninth default after Standard & Poor's Global raised its credit rating following the restructuring of US$65 billion of overseas debt.
BLOOMBERG Guzmán says Argentina must work to cut bond yields 04-09-2020 17:53 Country must reduce its bond yields before returning to international capital markets in a process that will likely take some time, says Economy Minister Martín Guzmán in interview.
DEBT RESTRUCTURING Guzmán confirms 99% of overseas debt restructured in swap 31-08-2020 17:52 Argentina wins "massive" bondholder support to restructure overseas debt, exchanging 99% of debt held under international law.
DEBT RESTRUCTURING Creditors reiterate support for Argentina’s debt restructuring offer 18-08-2020 16:08 Two of three main bondholder groups confirm they will accede to revised proposal, which was filed with the US Securities and Exchange Commission on Monday.
DEBT RESTRUCTURING Government files official debt offer with SEC, extends deadline 17-08-2020 14:50 Amended debt restructuring offer filed with US Securities and Exchange Commission, extending deadline for investors to accept until August 28.
BLOOMBERG Argentina’s creditors will get better debt deals from provinces 14-08-2020 15:16 National government’s debt restructuring accord was a benchmark, setting a minimum, not a maximum for what investors can expect.