IMF calls Argentine debt "unsustainable"

IMF calls Argentine debt "unsustainable"

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Funds Regulation Politics Argentina US

The International Monetary Fund (IMF) said on Wednesday that Argentina's debt crisis has worsened and expressed support for the administration of President Alberto Fern√°ndez to negotiate a haircut on the bonds held by private creditors. "IMF staff now assesses Argentina's debt to be unsustainable," a team from the Washington DC-based organization said after visiting the country over the past week to review its accounts and meet with senior officials. The IMF is Argentina's biggest creditor, havi

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