Tag: Argentine President Mauricio Macri

Argentina wants debt deal as fiscal deficit balloons

Argentine Finance Minister Alfonso Prat-Gay said the South American country would hold tough debt negotiations with U.S. investment firms suing over unpaid debt, as preliminary talks got underway in New York on Wednesday (January 13). He did say it was imperative to resolve the country’s legal dispute because financing of the country’s fiscal deficit this year may depend on progress on the issue. Solving the more than decade-long debt battle would enable Argentina to return […]