Wow, this one is big, big news, and it explains why Kirchnerite politicos have been taking potshots at Veep Cobos in the last few days, too. This one has to get past Congress.
Here's the link to the La Nacion story in Spanish, and here's the Bloomberg take in English. No wonder the bonds dropped like a stone today. Argentina has just officially re-joined the ranks of "international finance pariah" (though after watching the example set by the USA, it's debatable whether that's a good or bad thing).
Here's the link to the La Nacion story in Spanish, and here's the Bloomberg take in English. No wonder the bonds dropped like a stone today. Argentina has just officially re-joined the ranks of "international finance pariah" (though after watching the example set by the USA, it's debatable whether that's a good or bad thing).