The government expects banks to swap between 40 and 45% of their bond holdings
Economics
“I won’t sit idly while the [national] government does not abide by the institutions,” the city mayor said in an announcement
Inflation was more than a point lower than January’s, but the annual rate surpassed 100%
“This is a debt program that deactivates the idea of a bomb,” said Economy Minister Sergio Massa
Officials will meet with banks, insurance companies and mutual investment funds looking to clear March, April, May and June payment deadlines for more than AR$7.5 billion
Government and opposition members accuse each other of destabilizing the economy
Scheduled increases again hamper Economy Minister Sergio Massa’s goal to reach a lower than 4% inflation rate in April
President Fernández is seeking an agreement with Mexico, Brazil, Colombia and Cuba
President reveals he spoke with IMF director ahead of reserve target revision