Argentina to repeat ‘stay’ request

Argentina to repeat ‘stay’ request


Analysts are split in their expectations for Argentina’s court hearing today, in which the country is expected to ask Judge Thomas Griesa to temporarily suspend the ruling that threatens to push the country into default by the end of the month. “A reinstatement of the stay at the holdouts’ request is virtually the only move which would avoid a selective default at the end of the month. In our view, this move is both realistic and likely,” ACGM said in a note on Monday. However, authors Eduardo L

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