Weekly Report - 1 May 2014 (WR-14-17)
TRACKING TRENDS
ARGENTINA | Fernández rolls over provinces’ debts. On 28 April President Cristina Fernández announced a rescheduling of Ar$45bn (US$5.6bn) owed to the central government by provincial authorities over the past four years. In return, Fernández is demanding that provinces apply the ‘Precios Cuidados’ (a prize freeze on basic goods) locally, and fix the price of basic services, particularly electricity.
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