Argentina clinches landmark debt repayment deal with Paris Club

Source: Reuters
By: Leigh Thomas and Sarah Marsh

05.29.2014

Argentina reached an agreement on Thursday with the Paris Club of creditor nations on repaying overdue debts in a landmark deal that helps the country put its record default behind it and should open up much-needed sources of international financing.

The Club said the deal, reached in the early hours of the day in Paris, would allow Argentina to clear around $9.7 billion of arrears over the next five years.

External Link: CLICK HERE FOR FULL ARTICLE.

Algodon Mansion
Algodon Wine Estates
Algodon Group
Chateau
  • Relais & Châteaux
  • Château de Messey
  • Wine Chateau
  • The Daily Meal
  • Schiahorn AG
  • Condor Wines
  • The Wine Advocate
  • Decanter
  • Marcelo Pelleriti Wines
  • Wines of Argentina
  • VINUS 2014 (wine)
  • WAWWJ 2014 (Wine)
  • Vinandino 2013 (Wine)
  • VII Concurso Internacional de Vinhos do Brasil (Wine)
  • Mediterranean International Wine & Spirits Challenge (Wine)
  • 2013 International Wine & Spirit Competition (Wine)
  • 2013 Vinalies Internationales Paris d'or (Wine)
  • VINUS 2013 (wine)
  • International Wine Challenge U.K.
  • Finger Lakes International Wine Competition (Wine)