'They are trying to cause a technical default,' CFK

President Cristina Fernández de Kirchner referred to the recent rulings in a US court in favour favoring vulture funds and assured that “they are trying to cause a technical default.”

“We are in a world in which Argentina not paying its debts means good Business,” she said, and targeted the credit rating agencies, assuring they want the country to default.

She stated, however, that the country intends to pay the bondholders.

Fernández de Kirchner gave a long speech at the closing ceremony of the 60th Annual Convention of the Argentine Chamber of Construction in the downtown Sheraton hotel.