November 24, 2017

Agree that negotiations best way forward

Saturday, June 21, 2014

Opposition parties applaud presidential vulture stance

Opposition politicians yesterday voiced their support of the message sent by President Cristina Fernández de Kirchner, highlighting that negotiations with the holdouts that respected Argentine sovereignty and legal obligations was the best way out of the current debt quandary.

Radical Party chairman Ernesto Sanz announced on Twitter that he thought that the president “gave a good speech, with the correct approach.” His enthusiasm was shared by PRO lawmaker Pablo Tonelli, who said that “I celebrate it (the decision), because it’s the right thing and what we have all been waiting for.”

The major opposition parties had expressed their support for an approach based on negotiation following a visit to Congress during which members of the government provided a closed-doors analysis of the situation.

Cabinet Chief Jorge Capitanich announced following the meeting attended by congressional leaders that the government had won legislative support for its strategy, even if it didn’t specify in details how it would carry out talks with the country’s creditors.

Then, as now, the opposition offered to help and provide support however it could.

Nonetheless, in the interim, following insinuations that the government could avoid negotiations and instead change the jurisdiction of previously restructured debt so that payments would be made in Buenos Aires.

Splintering soon commenced among the opposition as they took slightly nuanced stances regarding the best way forward.

Yesterday’s strong call by the president for political unity for the greater good coincides with the stance taken by the opposition in Congress this week and as such Julio Cobos of the UCR said that “the message matches what was said in the Congress” by Legal and Technical Secretary Carlos Zannini.

“We hope that the negotiation goes well and that all this concludes soon,” the lawmaker added.

Predictably, leftist figures such as Claudio Lozano yesterday argued that the negotiations “would only generate more debt and more debt payments for Argentines.”

Lozano and the Workers’ Leftist Front (FIT) had rejected any kind of negotiations with the holdouts.

Herald staff with DyN, Télam

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