December 17, 2017
Thursday, August 7, 2014

‘To say that there is no investment because of vultures is a lie’

File photo of Economy Minister Axel Kicillof.
File photo of Economy Minister Axel Kicillof.
File photo of Economy Minister Axel Kicillof.

Economy Minister Axel Kicillof reiterated his criticism against industrial leaders for using Argentina’s dispute with vulture funds as an “excuse” for not investing. He stressed that the “government is an ally” of those who wish to invest.

“If business leaders want to invest and they say they cannot because of the vulture funds situation, they are lying,” Kicillof said during an interview with a local TV station. “In the industrial sector there are those who want to invest and then those who use anything as an excuse not to,” he stated.

In response to the claims that the vulture funds dispute prevents business owners access to financial credit, the official pointed out that “Argentina has not asked for money to the international financial sector in ten years because it does not need it”, and said “the government is an ally” of business leaders who wish to invest. “My doors are open,” he added.

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Tags:  Kicillof  vulture funds  UIA  Argentina  

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