BUENOS AIRES (Reuters) - Argentina, battling to avert a fresh debt crisis, plans to offer suing "holdout" creditors a 25-year bond equal to the face value of their debt when the country defaulted in 2002, local financial daily Ambito Financiero reported on Wednesday.
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Showing posts with label sovereign default. Show all posts
Showing posts with label sovereign default. Show all posts
Friday, March 29, 2013
Sunday, March 17, 2013
Argentina's dictatorship economy chief Martinez de Hoz dies
BUENOS AIRES (Reuters) - Jose Alfredo Martinez de Hoz, economy minister during the most brutal years of Argentina's "dirty war" dictatorship and architect of some of the crisis-prone nation's most infamous economic experiments, has died at age 87.
Monday, April 9, 2012
U.S. backs Argentine stance on defaulted debt ruling
BUENOS AIRES (Reuters) - The U.S. government has backed Argentina in the latest legal battle over a 2002 default, arguing the nation should not have to pay "holdout" creditors when servicing debt held by investors who accepted a harsh restructuring, court documents show.
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