Argentina Peso Forwards Head for Biggest Weekly Gain Since March

Argentina’s peso forwards are headed for their biggest weekly increase since March on speculation private banks and the country’s holders of defaulted bonds will reach an agreement to resolve a U.S. lawsuit.

Argentina bonds, stocks firm on possible deal to exit default

(Reuters) - Argentine bond prices and stocks firmed on Thursday, with news that international banks may be close to a deal to buy debt from holdout creditors that would resolve its debt crisis.

Argentine debt mediator: no resolution, delegation returning to Argentina

(Reuters) - Argentina failed to reach a breakthrough with the U.S. court-appointed mediator in its battle with holdout creditors on Friday in talks that lasted just an hour, suggesting a settlement to avoid a default next week remains elusive.

The Greek crisis: a cautionary tale from Argentina

Policymakers in Europe seem to be surprised at the ongoing bank run in Greece (and the nascent run in Spain). They should not be.