Friday
September 19, 2014

Interview with Gerardo Morales

Wednesday, June 18, 2014

Lawmakers get ready to hear from Kicillof on debt

By Tomás Brockenshire
Herald Staff
Several key Executive Branch figures — Economy Minister Axel Kicillof, Cabinet Chief Jorge Capitanich and Legal and Technical Secretary Carlos Zannini — will meet in a closed door session with the presidents of the blocs in the Senate and the Lower House today to discuss the way forward.

Senator Gerardo Morales, president of the UCR bloc in the Senate, will be present at today’s meeting and in conversation with the Herald was positive about the government’s decision. He also expressed interest in learning more about its plans.

What are your expectations for the meeting?

We are hoping to be informed of the government’s plan and strategy going forward. So far the discussion has not been clear and we want to understand how the payment using a different legislation would work, with a ruling against Argentina. Until we have more information about what the eventual offer would be it is difficult to say more.

Why is the meeting behind closed doors?

That was a request from the government, not ours, and presumably it is because they are going to share important details about the negotiation.

What is your impression of the decision to take the matter to Congress?

It’s positive and we agree with the decision to include Judge (Thomas) Griesa in the matter. We are also interested in making sure that the eventual offer doesn’t affect the 93 percent of bondholders that did agree with previous offers.

Will you be bringing any proposals of your own to the table?

No, we are going to see what they say, what proposals they bring. We have always been involved in the negotiations with bondholders in the past but not in recent years. There have been a lot of errors in the most recent negotiations and we haven’t been a part of that.

There was unity among various congressional blocs during last week’s visit to Washington DC. Do you see that trend continuing?

As long as there is rationality and a clear expression of a stance on behalf of the entire country.

@tbrockenshire

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