Serial debt-defaulter Argentina has a plan, says economy minister Martin Guzman
Argentina settled long-standing court cases with creditors in 2016 under former president Mauricio Macri, but by 2018 was back in debt trouble again
12 March 2020 - 13:47
Buenos Aires — Argentina will need “substantial relief” as it restructures nearly $70bn in debt with international bondholders, the country's economy minister, Martin Guzman, told Reuters, signalling a tough tonic ahead for the country's creditors.
In his first interview with international media since taking up his role in December, the 37-year-old US trained economist, said a March 31 deadline to strike a deal with bondholders may also be affected by a global coronavirus outbreak that was hitting plans for road shows for the government's debt proposal...
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