Argentina’s default risks seen increasing

Argentina’s default risks seen increasing

Bonds

Recent hostile rhetoric by the Argentine government suggests the chances of the country reaching an agreement with holdout creditors before the July 30 deadline have decreased, economist Claudio Loser said in a media call on Friday. Loser, president of the Centennial Group Latin America, said he was still hopeful the parties would reach an agreement that would save Argentina from defaulting: “I still have maybe the naïve expectation that they will sit down and what they are doing is making a lot

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