Argentine economy in focus after default

Argentine economy in focus after default

Analysts and economists questioned the next steps for Argentina on Tuesday as they evaluated the impact of the sovereign’s default on the real economy. The country could ask creditors to waive the “Rufo” clause in restructured bonds, which obliges the government to offer any better terms than its 2010 restructuring to investors that accepted that exchange, analysts said. Waiving the clause would require a supermajority of holders of each series. “I would have expected the government to move forw

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