Tuesday, November 4, 2014

After Kicillof's debt comments, Capitanich says Argentina’s stance 'remains the same'

Cabinet Chief Jorge Capitanich speaks at the government house.

After Economy Minister Axel Kicillof hinted a possible deal with holdout bondholders, Cabinet Chief Jorge Capitanich stressed that the government’s stance in the ongoing legal dispute with the so called vulture funds has not changed.

“Argentina’s stance regarding vulture funds negotiations remains the same,” Capitanich said in his daily press briefing at the government house. The chief of ministers stressed that the government’s standpoint “has not changed at all.”

He reiterated that “Argentina is open to dialogue within reasonable, fair, legal and equitative conditions for 100 per cent of bondholders” within the Sovereign Payment law.