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Government confirms debt talks with Paris Club to begin May 26

Cabinet Chief Jorge Capitanich today confirmed Argentina will start negotiations with the Paris Club on May 26 th.

"Argentina has received a formal invitation for the beginning of talks and that invitation has a date which is May 26,” Capitanich told reporters this morning.

He added both parts will have to "agree on the debt amount, capital plus interests, on the cancellation dates, and on the initial payment.” He furthermore recalled it will be a “complex” negotiation, considering the Paris Club is formed by 19 countries and 15 of them are creditors of Argentina.

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Tags:  Capitanich  Argentina  Paris Club  creditors  debt  negotiations  





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