News Center

Argentina Won't Solve Paris Club Debt If IMF Needed (Update1)
Bloomberg
June 25, 2010

Argentina won't resolve about $6.7 billion outstanding debt with the Paris Club group of creditor nations if it is required to have an oversight program with the International Monetary Fund, Economy Minister Amado Boudou said.

"Argentina doesn't have any debt with the IMF and will not have any program with the IMF," Boudou said in a video interview posted on the website of newspaper Ambito Financiero. "If this is an obstacle, we won't be able to resolve the Paris Club problem."

Argentine 'Unpredictability' to Repel FDI After Swap (Update1)
Share Business ExchangeTwitterFacebook| Email | Print | A A A

By Drew Benson

June 24 (Bloomberg) -- Argentina may fail to revive interest from companies seeking to invest in South America's second-biggest economy even after concluding an $18.3 billion debt restructuring offer.

"The thing investors hate the most is unpredictability," said Alan Stoga, vice chairman of the Council of the Americas and president of New York-based Zemi Communications LLC, whose clients include Argentine manufacturers and agriculture companies. The government lacks "prudent and predictable" policies, he said in a June 22 phone interview.

For full text of the article, visit: http://bit.ly/cCp6dR

U.S. Government
Takes Action

Click here to view letters by the Administration and Members of Congress on Argentina's debt and economic policies.

The Debt and Europe

Click Here To Read More

ATFA Member Spotlight

National Taxpayer's Union

Open Letter to the U.S. House of Representatives: Protect Taxpayers from Judgment-Evading Nations

Click here to view other ATFA member activity

Join Us
Show your support for ATFA and our work regarding debt default by joining our growing list of supporters.

Tell Your Friends
Do you have friends or colleagues who would be interested in supporting ATFA? Send them an invitation to this site by clicking here.