💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Argentina’s Kicillof to meet with special master in debt case

Published 07/07/2014, 11:19 AM
Argentina’s Kicillof to meet with special master in debt case

(Reuters) - Argentina's Economy Minister Axel Kicillof will meet in New York with a court-appointed mediator in the country's dispute with holdout investors in its bonds at 2:30 p.m. EDT, the Economy Ministry said Monday.

© Reuters. Argentina's Economy Minister Axel Kicillof arrives in New York

The country needs to come to a deal with the holdouts who rejected its debt restructurings in the wake of its 2002 default on $100 billion, in order to avoid a fresh default. The special master, Daniel Pollack, was appointed by U.S. District Court Judge Thomas Griesa to find common ground in the years-long dispute.

(Reporting by Alejandro Lifschitz; Editing by James Dalgleish)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.