BUENOS AIRES Argentina's unemployment rate jumped to 13.1% in the second quarter of the year as the country was swiped by the coronavirus pandemic, the official statistics agency said on Wednesday, the highest since 2004 and up from 10.4% in the previous quarter.
BUENOS AIRES Argentina's economy contracted a record 19.1% in the second quarter versus the same period a year earlier as the coronavirus pandemic crippled production and demand, though was slightly better than analyst forecasts.
BUENOS AIRES, Aug 28 Argentina's debt
restructuring deadline passed on Friday after four months of
tense talks, multiple delays and amendments since an initial
low-ball offer in April, with bondholders expected to strongly
back a $65 billion proposal.
BUENOS AIRES Argentina's government is considering pushing back a deadline for creditors to respond to its foreign debt restructuring proposal until mid-to-late August, a source close to the negotiations told Reuters on Wednesday.
BUENOS AIRES, July 29 Argentina's government is
considering pushing back a deadline for creditors to respond to
its foreign debt restructuring proposal until mid-to-late
August, a source close to the negotiations told Reuters on
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.
LONDON/BUENOS AIRES Argentina's government is reading a final debt restructuring offer to creditors which could be formally sent to U.S. regulators within days, a government source told Reuters on Friday, even as increasingly splintered bondholders tabled another proposal of their own.