BRIEF-Argentina says cannot be coerced to pay holdout bondholders
Feb 27 (Reuters) - Bank of New York Mellon Corp : * Lawyer for Argentina says "we are very interested in serving our performing
debt" -- New York court hearing * Lawyer for Argentina says idea that injunction can coerce Argentina to pay
holdout bondholders "is just not going to happen" * One judge on three-judge U.S. appeals court panel says is "more than curious"
why Argentina did not make "good faith effort" to put money for holdouts in
escrow * Lawyer for Argentina exchange bondholders says "we don't want to have our
private contractual rights interfered with" * Judge says "hardly seems appropriate" for court not to enforce order for
Argentina to pay holdouts if it suspects this will cause country not to pay
other bondholders * Judge says court's role is to enforce contracts, not rewrite them * Lawyer for Argentina exchange bondholders says clients would lose their
"unconditional, undisputed," contractual right to payments if holdouts win * U.S. appeals court hearing in Argentina bond dispute ends with no immediate
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.