November 21, 2017
Thursday, July 31, 2014

CFK expected to make remarks on future strategy in holdouts battle

President Cristina Fernández de Kirchner is expected to make remarks about the failed negotiations with holdout bondholders and the country’s future strategy today at 6 pm, at an official ceremony where she will extend provincial government’s debts maturity.

The governors of 13 provinces, the officials of the federal cabinet, lawmakers and trade union leaders will join the president in the Women’s Room of the government house, where Ms. Kirchner is to sign an agreement reached with provincial governments for the extension of the maturity of their debts with the federal government. But all eyes are on her speech and on any announcement she might make regarding the government’s strategy on its battle with holdout creditors.

The government is analyzing several alternatives, Cabinet Chief Jorge Capitanich’s said earlier today, including taking the case to the International Court of Justice and the United Nation’s General Assembly.

Hundreds of Kirchnerite militants are also expected at government house to support the head of state.

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Tags:  CFK  vulture funds  government house  Argentina  

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