News of negotiations

IMF predicts 11.8% GDP slump, says talks will start in November

17-10-2020 10:18 IMF chief Kristalina Georgieva says Argentina needs “a credible and comprehensive economic agenda that balances supporting the economy and people in this difficult time.”

EU-MERCOSUR DEAL

EU parks trade deal with Mercosur over environmental concerns

17-10-2020 09:56 More than 15 months ago, then-president Mauricio Macri hailed the sealing of the Mercosur bloc’s historic trade agreement with the European Union. Today, as European nations express environmental concerns, ratification isn’t even close to starting.

by Fermin Koop

Human rights

UN extends Venezuela human rights violations probe

07-10-2020 18:05 UN Human Rights Council slams "widespread" political persecution in Venezuela and votes to extend its fact-finding mission for another two years, a decision that sparks immediate repercussions in Argentina.

EDITORIAL

Debt deal – more relief than belief

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.

DEBT DEAL

Inside the frenetic days that changed Argentina’s debt talks

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.

DEBT RESTRUCTURING

Guzmán hints at deadline extension for debt talks with creditors

01-08-2020 09:42 Economy minister says government is “assessing all options,” with talks at an impasse as August 4 deadline nears.

DEBT RESTRUCTURING TALKS

Markets rally on hopes debt talks are ‘too close to fail’

25-07-2020 09:32 Three largest creditor groups join forces in negotiations, rejecting government's "final" offer and submitting their own counter proposal.

THE LAST SEVEN DAYS

What we learned this week: July 18th - July 25th

25-07-2020 09:23 Stories that caught our eye in Argentina from the last seven days.

PROFILE

Guzmán takes on Wall Street

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.

DEBT RESTRUCTURING

Government offers bond exchange, sends debt bill to Congress

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.

expropriation of Vicentin

Vicentin, Santa Fe government agrees to find ‘consensual solution’ to crisis

18-07-2020 09:45 Officials mulling over a mixed state-private model for soy giant, according to reports, as provincial government proposes triumvirate of leaders to manage firm through bankruptcy proceedings.

PERIODISMO PURO / INTERVIEW

Hernán Lacunza: ‘We can’t reset the economy every four years, as we’ve been doing since 1945’

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.

by Jorge Fontevecchia

FOREIGN POLICY

Government calls for 'inclusive, transparent and credible' elections in Venezuela

16-07-2020 02:24 Argentina shifts stance on Venezuela, expressing "deep concern" over alleged human rights violations in troubled nation and calling for "inclusive, transparent and credible" elections.

DEBT RESTRUCTURING

Casa Rosada dismisses rumours of Guzman’s departure

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.

THE LAST SEVEN DAYS

What we learned this week: June 27 to July 4

04-07-2020 08:40 Stories that caught our eye over the last seven days in Argentina.

DEBT RESTRUCTURING

What’s the hold-up? Four sticking points in Argentina’s debt talks

27-06-2020 08:59 Four issues are keeping the government and its creditors apart ahead of the July 24 deadline for an accord.

THE LAST SEVEN DAYS

What we learned this week: June 13 to June 20

20-06-2020 09:55 Some of the most important stories in Argentina from the last seven days.

DEBT RESTRUCTURING

Government puts on brave face as it extends debt deadline by five weeks

20-06-2020 08:53 After a troubling week for debt talks, President Fernández now says there’s no rush to seal a deal, saying that “negotiations are progressing in fits and starts.”

DEBT RESTRUCTURING TALKS

Government defaults on bond payments, deadline dance continues

23-05-2020 07:47 Four years after returning to the capital markets, Argentina’s defaults for the ninth time in history. Government and creditors continue negotiating, as Economy Ministry extends deadline for talks until June 2.

ARGENTINA'S DEBT WOES

Debt-xit time

09-05-2020 10:01 The incessant prodding for a laxer quarantine, trumpeted by part of the mainstream media, is peppered by the pot-banging cacerolazo protests.

by Martín Gambarotta

EDITORIAL

Debt be not proud

09-05-2020 08:32 All too many people seem to think that there is nothing to lose with default, given the absence of any overseas credit or investment, but even in these desperate times anything would be better.

MERCOSUR

More flexible trade rules await Mercosur after Argentina pullout

02-05-2020 08:46 Customs union or free-trade zone? ‘Big changes; could be on way for the Mercosur after government decides to walk away from future trade talks.

by Fermin Koop

Bloomberg

Pandemic to disrupt US$160 billion of debt talks – including Argentina's

23-03-2020 07:00 Coronavirus crisis threatens to complicate matters for several of the world’s most indebted nations, potentially disrupting the restructuring of some US$160 billion in international bonds.

DEBT TALKS

IMF mission team keeps low profile during time in Argentina

18-02-2020 13:59 Officials from the International Monetary Fund depart Buenos Aires on Wednesday, after meeting with a host of ministers from the Argentine government.

FERNÁNDEZ'S FIRST MONTH

Fernández walks tightrope as he celebrates first month in office

09-01-2020 20:00 A month into his presidency, Peronist leader has embarked on an ambitious and risky juggling act in a bid to drag Argentina out of its worst economic crisis in almost 20 years.

Ley de Solidaridad

Cafiero: Government will approve emergency economic measures today

23-12-2019 17:23 "The enactment will be today," says Cabinet Chief.

INTERVIEW

Argentina is in 'virtual default,' declares President Fernández

23-12-2019 08:53 "It is not the same as 2001, but it is similar," Fernández said in an interview with TV programme La Cornice. "Today we are in virtual default."

BLOOMBERG – ANALYSIS

Fernández secures sweeping powers to conduct debt talks

22-12-2019 22:29 President will now have more authority to negotiate with creditors, raise worker salaries and hike taxes. Government secured passage with concessions including lower export taxes on oil, gas and mining, and tax relief for small farmers.

NEW CABINET

Meet Martín Guzmán, Argentina's next economy minister

09-12-2019 14:07 New economy minister, who is close to Nobel-Prize-winning economist Joseph Stiglitz, is seen as a critic of the International Monetary Fund.

Bloomberg

Argentina bears fear more pain as Fernández de Kirchner returns

05-12-2019 07:05 The mood in Manhattan couldn’t be much gloomier toward Argentina just days before President-elect Alberto Fernandez takes office.

BLOOMBERG

Fernández planning simultaneous debt talk with IMF and private bondholders

26-11-2019 13:24 President-elect's team believes holding simultaneous debt negotiations with private bondholders and the IMF will smooth the way for a better deal.

CRISIS IN VENEZUELA

US, Latin American nations invoke treaty in bid to pressure Venezuela

23-09-2019 22:12 Argentina among group of nations that agree to work together to investigate and probe Venezuelan officials and associates accused of drug-trafficking, money-laundering and financing terrorism.

CRISIS IN VENEZUELA

Split emerges in Venezuela opposition over talks with Maduro

16-09-2019 17:52 A minority group of opposition parties in Venezuela agreed Monday to enter negotiations with President Nicolás Maduro's government, without the participation of US-backed opposition leader Juan Guaidó.

COLOMBIAN CONFLICT

Colombia FARC negotiators say they are taking up arms again

29-08-2019 09:27 A group of former peace negotiators for the Revolutionary Armed Forces of Colombia (FARC) say they are taking up arms again following what they considered the failure of a 2016 peace deal to guarantee their political rights.

CRISIS IN VENEZUELA

Venezuela, US have met 'secretly' for months, says Maduro

21-08-2019 12:56 Following those remarks, US National Security Adviser John Bolton said that Venezuelan officials who are reaching out to the United States are actually doing so without Maduro’s permission.