May 19, 2013
Griesa urges Gov't to revise position, pay to vulture funds
US Judge Thomas Griesa urged Argentina to comply with the recent ruling which orders to compensate the bondholders that did not participate in both debt restructuring of the country.
Now, it must decide before December 2 how it will tender the payment to the vulture funds. That day, Argentina must make the first of the three debt payments in New York of over 3 billion dollars.
"The republic must reconsider and leave aside any kind of intention to challenge or evade the current ruling," Griesa warned.
The Judge's comments came after President Cristina Fernández de Kirchner assured during a rally that her Government was not going to pay a dollar to the vulture funds, regarding the Appeals Court ruling.