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Weekly Report - 03 March 2016 (WR-16-09)

ARGENTINA: Holdouts deal almost done

This week the government of President Mauricio Macri moved closer to finally resolving a 15-year old quarrel with Argentina’s holdout creditors. Only a few more steps remain before the deal, which should restore the country’s much-needed access to international capital markets, can be closed. But the new government still faces a tricky political balancing act to keep its hopes of economic improvement on track.

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