Bank clerks held a national strike today demanding the payment of 1,800 pesos allegedly owed due to wage negotiations. An assembly will be held by the union tomorrow to define a “struggle plan.”
The salaries of Buenos Aires province teachers involved in strikes to claim the payment of the midyear bonus will be paid in full, Governor Daniel Scioli announced on Tuesday.
The Government today made its final $2.2 billion payment on bonds issued to savers whose dollar- denominated bank accounts were frozen by the Government a decade ago.
Argentina asked a US judge late last night to maintain his order blocking payment on defaulted sovereign bonds to holdout investors until lingering questions are settled in a higher court's appeals process.
Buenos Aires province Governor Daniel Scioli filed an appeal against the ruling ordering him to pay the midyear bonus of provincial state workers in one installment.
Economy Minister Hernán Lorenzino confirmed today that the National Government will give $AR 600 million pesos in further financial aid to Buenos Aires province governor Daniel Scioli in order to complete the payment of the midyear bonus to provincial state workers and also allowed him to issue bonds worth 900 million pesos to pay state providers and maintain basic utilities.
ANSeS social security agency head Diego Bossio announced that the 600 million pesos that the agency will loan Buenos Aires province and which will be used for the payment of midyear bonuses to state employees.
A court today ordered Buenos Aires province Governor Daniel Scioli to pay a midyear bonus in one instalment instead of four. Judge Luis Federico Arias’s ruling answered a cautionary measure filed by ATE state workers, among others.
Buenos Aires province governor Daniel Scioli assured “I talked to the President and found her very willing to keep on working together,” in the resolution of the economic problems affecting the province.
Employees of the Buenos Aires provincial Legislature will be paid the midyear bonus in its entirety on Monday, following a decision by Vice-Governor Gabriel Mariotto.
The national Government has paid the US$2.2 billion corresponding to payments of the 2012 Boden bonds with reserves of the Central Bank, President Cristina Fernández de Kirchner announced.
Buenos Aires City Deputy Mayor María Eugenia Vidal questioned the National Government’s new transport fare tariffs for non-SUBE card users and stated that they needed to “be clearer” regarding the removal of subsidies on bus and train fare costs. Vidal also underlined that the Subte will maintain the $2.50 cost in February for customers utilizing all payment types.
City Mayor Mauricio Macri came on stage today to reiterate the centre-right PRO party’s negative stance on the National Government’s decision to put forth the expropriation of petrol company YPF, throwing sharp critique against it. “I would like to communicate that we are not going to support this decision,” the city official stated.
Euro zone finance ministers and the International Monetary Fund have approved the payment of the next tranche of financial support to Greece, a senior euro zone source said.
US Judge Thomas Griesa urged Argentina to comply with the recent ruling which orders to compensate the bondholders that did not participate in both debt restructuring of the country.