Argentina to offer bonds for savings

ARGENTINA - Thousands of savers in Argentina have been given a month to decide if they want to swap their bank deposits for government bonds.

The government hopes the plan will end the freeze on savings without leading to the collapse of the country's banking system. Restrictions on savings were imposed in December last year to stop a run on bank accounts. But the freeze led to public protests which helped to overthrow the then President Fernando de la Rua, and protests have continued this yea

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