Macroeconomy/Finance

Argentina Negotiates Restructuring of $70 Billion in Public Bonds

Argentina needs substantial relief in the restructuring of nearly $70 billion in public bonds. The global outbreak of the coronavirus could change the March 31 deadline for reaching an agreement with bondholders. The Argentinian Government reported that it cannot pay interest over the next few years and that the country could reach fiscal equilibrium between 2022 and 2023.

Source: Ámbito

Categories: Macroeconomy/Finance