Boudou blasts Moody's

Economy Minister and Victory Front’s Vice-President candidate Amado Boudou, questioned Moody’s Investor Services by stating that “rating agencies are in the centre of the global economy problems.”

Boudou referred to Moody’s report in which it lowered its outlook on the Argentine banking system to negative from stable.

“The rating agencies are in the centre of the global economy problems, they guided us towards the mortgage bubble, the debt overload of Europe,” he continued.

“In Argentina we don’t have an important level of debt, neither in the public sector, nor in the private one,” Boudou assured.