January 16, 2018
Wednesday, June 25, 2014

Kicillof addresses UN: 'Argentina wants to pay, but they won't let us'

Argentina's Economy Minister Axel Kicillof was adressing the United Nations today over the nation's "vulture funds" dispute. "We want to pay but they won't let us," he said in reference to US courts' rulings.

Kicillof was speaking regarding Argentina's ongoing legal battle with hedge funds who did not take part in the country's two debt restructurings following a 2001-2002 default.

UN Ambassador Maria Cristina Perceval, who was among those waiting for Kicillof's arrival at John F. Kennedy Airport in New York, said the minister would speak to the media after his UN address. A source familiar with Kicillof's plans said his entourage will be small, with just three or four people from his office.

Kicillof will also meet with lawyers for the Argentine government while in New York, a government source in Buenos Aires told reporters yesterday, but it is unclear if he will also meet with holdout investors.

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Tags:  Kicillof  New York  US  holdouts  debt  Griesa  Argentina  UN  

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