BUENOS AIRES It took months of tough talks for Argentina to reach agreement on restructuring $65 billion in debt. Now, economists and policymakers say, the real work begins: reviving Latin America's No. 3 economy from its currency and fiscal crises.
BUENOS AIRES Argentina and its creditors are nearing a breakthrough $65 billion debt restructuring deal, a lawmaker and two sources told Reuters on Monday, the eve of a deadline for a deal that would help avert a damaging legal standoff.
BUENOS AIRES Argentina's government unveiled an amended debt restructuring proposal on Sunday and set a deadline of Aug. 4 for creditors to accept it, adding some key sweeteners as it looks to defuse recent tensions with bondholders and strike a deal.
BUENOS AIRES, July 5 Argentina is set to unveil
a new debt restructuring offer that will be kept open until the
end of August, President Alberto Fernandez told local radio on
Sunday, as the government seeks to strike a deal despite rising
tensions with creditors.
BUENOS AIRES Two major Argentine creditor groups said on Tuesday there had been "no meaningful engagement" with the country's government since mid-June, flagging concerns about a deal after talks to restructure $65 billion in debts stalled this month.
BUENOS AIRES Argentina is still working with its creditors to reach a debt restructuring deal after talks stalled, though there is still distance to cover in economic and legal terms, Economy Minister Martin Guzman said on Thursday.
BUENOS AIRES Argentina will extend a deadline for $65 billion debt restructuring talks by more than a month, the country's economy ministry said late on Friday, after negotiations with creditors stalled this week leaving a deal hanging in the balance.
BUENOS AIRES Aerolineas Argentinas will begin negotiations with unions to suspend the contracts of thousands of employees until August after the flag carrier's income plunged about 97% due to the coronavirus outbreak, it said on Monday.