Friday
October 24, 2014
Results for: paris club
  • 04/08/2014 | Argentina

    Paris Club confirms first receipt of Argentina arrears

    The Paris Club of major creditor nations said today it had received a first payment of Argentina's debt arrears as promised under an agreement struck in May.

  • 08/06/2014 | Argentina

    Kicillof sees ‘many optimistic signals’

    Economy Minister Axel Kicillof said he sees “many optimistic signals for the second trimestre and even next year” for an ending to economic recession.

  • 02/07/2014 | Argentina

    Gov't comitted to negotiate with holdout hedge funds

    Cabinet Chief Jorge Capitanich reiterated once again Argentina’s willingness to pay all of its creditors and neither confirmed nor denied the possibility to pay holdout hedge funds with bonds, as suggested yesterday by an Elliot Management representative.

  • 28/07/2014 | Argentina

    First payment made to Paris Club creditors

    The Economy Ministry today revealed that Argentina had completed a payment of 642 million dollars to the group of creditor nations that form the Paris Club, a sum representing the first installment due on the debt owed by the country.

  • 30/05/2014 | Argentina

    Kicillof says Argentina, Paris Club have built a 'society'

    The economy minister has hedd a conference to brief the press on the agreement reached this week between Argentina and the 19-nation group of creditors. “It is a shared effort,” Axel Kicillof affirmed considering the accord will fuel foreign investments and thus fatten Argentina’s international reserves.

  • 31/05/2014 | Argentina

    Paris Club deal reached 'without bringing the country to its knees'

    In her second public appearance since the deal that was reached with the Paris Club group of creditors, setting a 9.7 billion dollar dispute, the head of state said the Kirchnerite administration has managed to “resolve what others couldn’t,” respecting “the country’s interests instead of bringing it to its knees.”

  • 02/06/2014 | Argentina

    Minister Kicillof praises Paris Club deal, criticizes 'malicious media'

    Economy Minister Axel Kicillof today affirmed the agreement Argentina reached with the Paris Club group of creditors “does not compromise the future or the present of the country.”

  • 29/05/2014 | Argentina

    CFK: We reached an agreement without IMF intervention

    President Cristina Fernández de Kirchner expressed her delight at reaching an agreement with the Paris Club without International Monetary Fund (IMF) intervention, while defending Argentina's record in honouring debt commitments.

  • 30/05/2014 | Argentina

    IMF 's Lagarde: 'Deal could help Argentina normalise its situation'

    International Monetary Fund managing director Christine Lagarde today welcomed the debt deal Argentina has reached with the Paris Club.

  • 30/05/2014 | Argentina

    Gov't ratifies Paris Club deal was reached with no IMF intervention

    Cabinet Chief Jorge Capitanich has played down statements by IMF chief Christine Lagarde who considered the Argentina-Paris Club deal will allow the South American country to “normalise” its situation.

  • 29/05/2014 | Argentina

    France praises Argentina for 'normalizing its relations with creditors'

    French Finance Minister Michel Sapin praised Argentina’s agreement with Paris Club creditors, saying it highlights the country’s effort to “normalize its relations with creditors.”

  • 29/05/2014 | Argentina

    Paris club deal means 'foreign investment, trade, jobs'

    In a big day for Kirchnerites celebrating the deal signed with the Paris Club, the cabinet chief assured the debt restructuring accord has been set “responsibly.” “Argentina comits if but only if the development of its payment capacity allows so,” Jorge Capitanich said.

  • 29/05/2014 | Argentina

    Argentina will turn to int'l funding 'for the future of Argentines'

    President Kirchner praised the agreement reached with Paris Club creditors and said that the government will now turn to international credit markets to finance “infrastructure, development, and technology.”

  • 29/05/2014 | Argentina

    Kicillof says deal 'respects our principles'

    Such were the Economy Minister’s first statements following the news about the debt accord reached between the government of Argentina and the Paris Club. “We were not going to commit with payments that could pressure our economy and stop us from growing,” Axel Kicillof told ámbito.com.

  • 29/05/2014 | Argentina

    'Argentina closes sad chapter of indebtedness'

    The Economy Ministry has issued a statement praising the agreement reached with the Paris Club, considering it a “mutually beneficial” deal. The office run by Minister Axel Kicillof highlighted the “search for a solution has always been a goal of the government."

  • 29/05/2014 | Argentina

    Scioli: Getting out of red 'creates extraordinary future projection'

    BA province Governor Daniel Scioli has positively echoed the news about the Paris Club deal affirming the accord will help to bum up the already “growing interests of investors” in Argentina, a mainstay for productive and infrastructure development.

  • 28/05/2014 | Argentina

    Kicillof kicks off Paris Club negotiations

    Economy Minister Axel Kicillof today met with members of the Paris Club group of creditors in a marathon summit, in which the restructuring of Argentine debt was discussed.

  • 29/05/2014 | Argentina

    Gov't clinches debt repayment deal with Paris Club

    Argentina reached an agreement with creditor nations on repaying overdue debts, in a landmark deal that should open up much-needed international financing for the country. The Paris Club of creditors said the agreement will allow Argentina to clear over five years arrears that stood at $9.7 billion at the end of April.

  • 29/05/2014 | Argentina

    'The agreement was made without IMF's involvement'

    Cabinet Chief Jorge Capitanich pointed out that the agreement reached with Paris Club was made without any active involvement from the International Monetary Fund (IMF). He stressed that this is the first time that the Fund “was not part of the conditionalities in the negotiation process” and said it will not monitor the agreement’s compliance either.

  • 12/05/2014 | Argentina

    Gov't on Paris Club talks: 'We can't release information on strategy'

    In his daily press briefing in Government House, Cabinet Chief Jorge Capitanich refused to release further details on the Cristina Fernández de Kirchner administration's strategy in upcoming negotiations with Paris Club creditors.

  • 26/05/2014 | Argentina

    Kicillof: Paris Club talks have moved forward

    The economy minister has assured that progress has been made with creditors in the Paris Club as the politician flies to France in preparation for talks with the financial institution over restructuring Argentina's debt.

  • 28/05/2014 | Argentina

    Capitanich: 'We seek the best possible agreement with Paris Club'

    Cabinet Chief Jorge Capitanich referred to Economy Minister Axel Kicillof's meeting in Paris with Argentina’s Paris Club creditors. “The negotiation is complex,” Capitanich said and stressed that the government seeks “the best possible agreement”.

  • 19/03/2014 | Argentina

    Argentina secures France support in Paris Club negotiations

    In Paris, where she met with her French counterpart Francois Hollande, President Kirchner praised the decision by the European nation to file and amicus curiae brief before of the US Supreme Court, in a show of support to Argentina in its long-standing dispute against "vulture funds." CFK also secured the support of the French government to settle a 9 billion dollars dispute with the Paris Club.

  • 20/03/2014 | Argentina

    Argentina's Paris Club offer 'very interesting'

    Cabinet Chief Jorge Capitanich has praised France’s support to Argentina in both its debt disputes with US-based vulture funds suing the South American country over its defaulted bonds more than a decade ago and the Paris Club creditor nations group.

  • 29/04/2014 | Argentina

    'Argentina is the country that has reduced public debt-to-GDP ratio the most'

    In today’s press briefing Cabinet Chief Jorge Capitanich asserted: “Argentina is the country that has reduced its public debt-to-GDP ratio the most, by 76%,” and he underscored the government’s will to negotiate with its Paris Club creditors starting May 28.

  • 24/02/2014 | Argentina

    US praises 'positive' Argentine negotiations with Repsol, Paris Club

    The US embassy's business adviser in Buenos Aires, Kevin Sullivan, has welcomed negotiations between the Argentine government and Spanish corporation Repsol over the expropriation of YPF, as well as further talks with the Paris Club over the payment of outstanding debt commitments.

  • 17/03/2014 | Argentina

    Government confirms debt talks with Paris Club to begin May 26

    "Argentina has received a formal invitation for the beginning of talks and that invitation has a date which is May 26,” Capitanich told reporters this morning.

  • 19/03/2014 | Argentina

    CFK meets with Hollande at Elysee Palace

    President Cristina Fernández de Kirchner was holding a lunch meeting with her French counterpart Francois Hollande at the Elysee Palace in Paris. Both leaders were expected to release a joint press statement later. CFK's visit to France comes following last week's invitation by the Paris Club to Buenos Aires to negotiate the payment of its debt.

  • 21/01/2014 | Argentina

    Kicillof warns ‘Argentina will not accept conditions’

    Economy Minister Axel Kicillof returned from the meeting with the Paris Club executives, where he offered “the general guidelines” of Argentina’s proposal. He defined the encounter as “positive,” and reaffirmed that the country “won’t accept any conditions.”

  • 22/01/2014 | Argentina

    Paris Club says will study Argentina's debt offer

    The Paris Club said it would study an outline from Argentina for repaying the more than $9.5 billion it owes the group of creditor nations.

  • 05/02/2014 | Argentina

    Paris Club says 'open' to debt talks with Argentina

    The Paris Club is open to talks with Argentina on repaying its debt, the group of creditor nations said today, moving closer towards launching formal negotiations with Buenos Aires.

  • 20/01/2014 | Argentina

    Kicillof outlines Argentine debt offer to Paris Club

    An Argentine delegation has outlined its conditions for repaying debt to the Paris Club, a senior official at the group of creditor nations said, as Buenos Aires seeks to revive long-stalled talks.

  • 20/01/2014 | Argentina

    Kicillof describes Paris Club meeting as: ‘Largely positive’

    Economy Minister Axcel Kicillof described the meeting with the Paris Club executives as “largely positive,” and anticipated the possibility of progress with negotiations.

  • 21/01/2014 | Argentina

    Kicillof to brief CFK on Paris Club meeting

    Economy Minister Axel Kicillof was given no time to rest after arriving in Argentina from a meeting with the Paris Club, immediately travelling to Olivos to talk with President Cristina Fernández de Kirchner.

  • 13/12/2010 | Argentina

    Paris Club negotiations to have 2 phases, stimulate investment

    After the meeting held with Paris Club authorities, Economy Minister Amado Boudou said that the negotiation process would have two phases: the first will last through the third week of January and is conciliatory (payment amounts to be defined); the second is to formulate payment plans and has no closing date.

  • 17/01/2014 | Argentina

    Kicillof to meet with Paris Club to settle debt

    Economy Minister Axel Kicillof will travel to France next Sunday to try and reach an agreement with Paris Club over Argentina’s debt, an official press release confirmed. Argentina has a 6.700 million dollar debt with the Paris Club of investors since 2001’s default.

  • 20/01/2014 | Argentina

    Capitanich: Paris Club agreement must respect national interests

    Chief of Cabinet Jorge Capitanich has assured that any negotiations held with the influential Paris Club will have to comply with what the politician dubbed Argentina's "national interest and capacity to pay."

  • 14/03/2014 | World

    Paris Club invites Argentina to hold debt negotiation

    The Paris Club invited the Argentine government to negotiate paying off its overdue debt, with talks starting in the week of May 26 to take an important step towards settling the long-running debt dispute.


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