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Weekly Report - 6 November 2014 (WR-14-44)
ARGENTINA: Government denounces rumours of debt negotiations
“At the end of the year, when the instruments the vulture funds have used for extortion disappear, there will be better possibilities for dialogue”, Argentina's economy minister, Axel Kicillof, said to the Mexican daily, La Jornada, on 3 November. A day later, the minister vehemently rejected the interpretation that the government would negotiate with its 'holdout' creditors in 2015. “Pure lies,” he said. Analysts from the investment bank Credit Suisse recently met with both the government and opposition figures. In a note to clients, the bank concluded that “the government is likely to negotiate with holdout creditors in early 2015”.
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