19-09-2020 09:51 Argentina’s exasperating affair with the dollar is a recurring issue.
19-09-2020 09:51 Argentina’s exasperating affair with the dollar is a recurring issue.
19-09-2020 09:26 Government’s economic team split on latest crackdown, as well as how long new rules should remain in place.
19-09-2020 08:25 Economists question wisdom of new Central Bank measures, which hit small savers as well as companies. Blue dollar closes week at more than 140 per greenback.
17-09-2020 16:19 Argentina's economic team split on latest crackdown, as well as how long new rules should remain in place.
16-09-2020 23:23 Argentine bonds fell Wednesday after the government expanded restrictions on foreign exchange in an attempt to hold onto US dollars as reserves dwindle.
16-09-2020 10:29 Central Bank tightens conditions for the purchase of foreign currency, to prevent hoarding, preserve reserves and discourage demand for US dollars.
16-09-2020 01:17 Government's budget bill forecast for 2021: economic growth of 5.5%, primary fiscal deficit of 4.5%, inflation at 29% and 102 pesos per dollar.
14-09-2020 16:02 Dollar-linked instruments in the local market are being abandoned amid speculation government will create a weaker parallel exchange rate while giving investors less favourable terms.
13-09-2020 22:50 Economy minister says Argentina wants to delay all IMF loan repayments until 2024 at the earliest in interview with La Nación.
05-09-2020 10:29 Analysts praise government's debt restructuring deal, but say rebuilding the economy and generating confidence with markets will be a tougher task.
05-09-2020 10:24 Argentina wins "massive" bondholder support to restructure overseas debt, exchanging 99% of debt held under international law.
04-09-2020 17:53 Country must reduce its bond yields before returning to international capital markets in a process that will likely take some time, says Economy Minister Martín Guzmán in interview.
31-08-2020 22:54 Investors are caught between relief over Argentina’s debt deal and concern over the grim economic reality facing the country.
31-08-2020 17:52 Argentina wins "massive" bondholder support to restructure overseas debt, exchanging 99% of debt held under international law.
30-08-2020 16:55 Government’s proposed ‘wealth tax’ bill heads to Congress. President Fernández seeks to bring in 300 billion pesos in tax revenue through one-time levy on wealthiest citizens.
27-08-2020 02:30 Government formally opens talks with IMF over new terms for repayment of record US$57-billion bailout agreed in 2018 by Macri administration.
22-08-2020 10:05 Ad Hoc Group of Argentina Exchange Bondholders says members will be entering Argentina’s debt swap proposal to the tune of almost US$5 billion on Monday.
15-08-2020 09:44 It's difficult to gain any kind of momentum during a pandemic. Yet there are some signs the government is regaining the initiative.
11-08-2020 22:06 President Alberto Fernández says he will not allow the IMF to impose austerity measures on Argentina as part of a new financing programme.
08-08-2020 09:43 Agreement with bondholders brings months of negotiations to an end. Here’s how we got here.
08-08-2020 09:36 Experts say deal with bondholders ‘takes pressure off’ the government, but warn renegotiating terms of US$44-billion loan with IMF is now the urgent concern.
08-08-2020 09:31 Stories that caught our eye over the last seven days in Argentina
08-08-2020 09:22 The quality of this haircut falling on interest rates way above recent levels rather than capital deserves praise, as does abandonment of the absurd three-year grace period exempting this administration from any payment.
08-08-2020 09:15 After many months of tension, talks that dragged on for eight months, half-a-dozen deadline extensions, multiple proposals, and tens of hours of online negotiations, a deal has been reached.
08-08-2020 08:44 The ultimate question is if this agreement will spare Argentina the ordeal of holdout bondholders – Guzmán will have conjured a miracle if there are none to worry about once this deal is done.
07-08-2020 00:49 Government seeks deal with the International Monetary Fund over a new financing programme before the end of March, in order to renegotiate US$2-billion payment owed to the Paris Club that matures in May.
05-08-2020 16:20 President Alberto Fernández’s next step is to start talks for a new International Monetary Fund programme against a harrowing backdrop.
04-08-2020 14:19 President Alberto Fernández hails government after officials confirm Argentina has reached an agreement with three major creditors over restructuring of US$66-billion debt.
04-08-2020 09:44 Deal involves the Ad Hoc, Argentina Creditor Committee and Exchange Bondholder groups, as well as "certain other significant holders," Economy Ministry confirms in a statement.
04-08-2020 08:59 Government says in a statement that deal with key creditors would provide “significant debt relief.” While it statement didn’t provide a net-present value for the agreement, sources say the deal is worth about 54.8 cents on the dollar.
02-08-2020 17:01 Bondholders approach several international organisations, including IMF and US Treasury, to seek endorsement for a proposal to change the rules that govern some of the country’s overseas securities.
01-08-2020 09:42 Economy minister says government is “assessing all options,” with talks at an impasse as August 4 deadline nears.
28-07-2020 14:43 Argentina will seek a new programme with the IMF whatever the outcome of talks with bondholders, says Economy minister Martín Guzmán.
25-07-2020 09:32 Three largest creditor groups join forces in negotiations, rejecting government's "final" offer and submitting their own counter proposal.
25-07-2020 08:01 Argentina’s Stiglitz-groomed debt chief has taken on a task many would have turned down. And as talks with bondholders enter a crucial stage, the stakes are higher than ever.
20-07-2020 23:50 Three groups of creditors announce they have rejected Argentina's proposal to restructure US$66 billion of debt and delivered a counter offer to government – which President Alberto Fernández promptly dismisses out of hand.
20-07-2020 21:54 Three largest creditor groups join forces in negotiations, rejecting government's "final" offer and submitting their own counter proposal.
18-07-2020 09:50 Guzmán says Argentina is not seeking a "confrontational" relationship with foreign creditors and says onus is now on them to make a deal.
18-07-2020 08:30 Former finance minister Hernán Lacunza on Argentina’s debt restructuring efforts, the impact of the coronavirus pandemic, inflation and more.
16-07-2020 16:55 Economy Minister Martín Guzmán says Argentina is not seeking a "confrontational" relationship in debt talks and says the onus to make a deal is now on the country's creditors.
11-07-2020 08:54 Argentina formalises latest debt bond swap proposal, filing offer with SEC and extending deadline to August 4.
11-07-2020 08:13 The arguing will never go away. At times it pauses briefly when the public is hit by unsettling news on the coronavirus front, but then, in no time at all, the bickering begins once more.
09-07-2020 02:37 Economy Minister Martín Guzmán rules out further changes to government's debt restructuring offer as offer wins support from IMF and some G20 finance ministers. Large creditors, however, aren't impressed.
08-07-2020 17:33 Economy minister describes talks as "a cold shower of reality for creditors," as they've come to realise Argentina's limitations.
08-07-2020 16:58 Two investment funds, Gramercy and Fintech Advisory, express approval for Argentina's new debt restructuring offer. Creditors entering the swap stand to obtain 53.5 cents for every dollar loaned as against 39 cents in the first offer rejected by most creditors.
07-07-2020 14:04 Argentina formally presents its new proposal to the US Securities and Exchange Commission, extending deadline for acceptance to August 4.
05-07-2020 22:10 Argentina to present new offer to bondholders on Monday, with deadline extended until August 4.
04-07-2020 09:06 BlackRock, other creditors, big businessmen and ministers are questioning the economy minister’s approach to debt restructuring talks, but Guzmán retains the confidence of Alberto Fernández and Cristina Fernández de Kirchner.
04-07-2020 08:32 The pandemic is a curious ally of ultra-nationalism, feeding the notion that Covid-19 will destroy globalisation and the private sector in a world dictating a self-sufficiency of which very few countries can even dream.
03-07-2020 03:47 The Ad Hoc and Exchange Bondholder groups are closely watching to see if the government submits an offer that it has discussed with a third creditor group – the Argentina Creditor Committee – and would reject it.