October 10, 2014
Finance minister says investors are eager to offer funds to Argentina despite the default because the country has a low debt-to-GDP ratio
Bankers and investors have offered funding to Argentina, finance minister Axel Kicillof said on Friday as he insisted the sovereign retained access to international financing despite the recent default.
“We have an open-door ministry. I have met international investment banks, funds that have Argentine sovereign debt, and banks and foreigners that operate in Argentina, local banks,” he said on the sidelines of the World Bank & IMF summit in Washington on Friday morning.“Every time I meet them,