Argentina's plea over $100bn debt mountain is 'tantamount to default'

in dlike •  5 years ago 

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Argentina has begged the International Monetary Fund and creditors to push back debt payments and extend maturities on its bonds as its new finance minister looks to contain an escalating economic crisis. Hernán Lacunza, the embattled country’s finance minister, said the government wants to restructure its debt amid rising fears that it will default ahead of elections in October


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