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October 23, 2014
Monday, May 26, 2014

Kicillof: Paris Club talks have moved forward

Economy Minister Axel Kicillof has assured that progress has been made with creditors in the Paris Club as the politician flies to France in preparation for talks with the financial institution over restructuring Argentina's debt.

Kicillof made a brief speech in the Economy Ministry this evening before beginning his European voyage, where negotiations with the Paris Club will continue.

While he affirmed that the government "has made decided advances towards an agreement," the minister underlined that a timetable for any accord is still yet to be determined.

"I am attending a meeting, not the close of negotiations, because in that case I would not have gone last time," he explained, referring to the previous trip he made to meet with creditors in January of this year.

Kicillof added that his predecessor at the Ministry, Hernán Lorenzino, and ex-Financing secretary Adrián Cosentino would also be taking part in talks. "We have been working together for all this time," he said to reporters in a brief conference.
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Tags:  Kicillof  Paris Club  negotiations  debt  





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