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Thursday, August 21, 2014

Sanz: Radical MPs expected to reject debt bill

Radical Pary senator Ernesto Sanz stands up during a meeting in the Córdoba province with other party members.

The Cristina Fernández de Kirchner administration should not rely on Radical MPs’ support to the government-sponsored bill seeking to reopen Argentina’s debt swap, head of the party Ernesto Sanz said as he called for “responsibility, seriousness and rectitude” in the debate.

“The majority of legislators think that we will not join the government,” Sanz told reporters this morning.

Also a pre-candidate to the presidency under the UNEN opposition coalition ticket, Sanz commented on the bill that President Cristina Fernández de Kirchner submitted to Congress earlier this week to replace the bank of New York Mellon with local Banco Nación as trustee amid Argentina's legal battle against vulture funds suing the country over its defaulted bonds.

“If other politicians have already taken a position and given an opinion that would be because they depend on one person only. To politics we demand responsibility and seriousness and that is what we are doing,” the Radical Party (RP)senator considered a day after Buenos Aires City Major Macri announced his PRO party will be rejecting the project on the floor next week.

Sanz's statements come ahead of a meeting today in the province of Córdoba where Radical Party MPs will discuss a joined strategy facing the announcement made by President Kirchner to have the debt swap reopened, among other issues.

With RP leaders expected to vote down on the debt bill, the party would be then communicating their decision in a joint resolution to the UNEN alliance the RP is part of.

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Tags:  Radical Party  Ernesto Sanz  debt  swap  bill  Cristina Fernández de Kirchner  support  





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