Argentina threatens loan default

ARGENTINA - Argentina has raised the pressure on international lenders to agree a new cash lifeline, threatening default if extra money is not forthcoming.

BBC News reported the Economy Minister Roberto Lavagna as saying the government would rather miss debt repayments than cut deeper into spending on social welfare programmes, and financing for regional governments.

The absence of extra cash would leave Argentina hard pressed to divert some of its $9.5bn reserves to meet loan obligations due to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: