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October 20, 2014
Wednesday, July 30, 2014

Mediator Pollack after meeting with Kicillof and vultures: ‘The issues that divide the parties remain unresolved’

Daniel Pollack, the mediator appointed by US judge Griesa to resolve the dispute between Argentina and the so called vulture funds, affirmed the parts talked “face to face” for the first time and assured a new meeting will be confirmed during the day.

Pollack published a statement minutes after Economy Minister Axel Kicillof and holdouts representatives left his office following 11 hours of negotiations.

“These were the first face-to-face talks between the parties. There was a frank exchange of views and concerns. The issues that divide the parties remain unresolved,” Pollack said, while adding “Whether and when the parties will meet tomorrow (July 30) remains to be determined overnight.“

Kicillof arrived to New York after joining President Cristina Fernández de Kirchner at the Mercosur summit in Venezuela.

“We are in a recess and we will keep on working,” he assured.

Delegates of the Economy Ministry - Attorney at law Angelina Abbona, Finance Secretary Pablo López and Legal and Administrative Secretary Fedrico Thea had met with Pollack ahead of today's deadline to avoid a default.

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Tags:  Argentina  Vulture Funds  Paul Singer  Debt swap  US  Supreme Court  Griesa  CFK  





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