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Argentina lawmakers back debt settlement deal – BBC News

Argentina lawmakers back debt settlement deal

  • 16 March 2016
  • From the section Latin America & Caribbean

A group of people protest in front of the National Congress of Argentina in Buenos Aires, Argentina, 15 March 2016.Image copyright
EPA

Image caption

Protesters voiced their opposition to the deal outside Congress, but lawmakers voted in favour

Argentina’s lower house of Congress has approved a repayment deal which aims to put an end to a 14-year battle with holdout creditors.

After 20 hours of debate, a majority …

Read the full article at: http://www.bbc.co.uk/news/world-latin-america-35820665

Category: Debt HelpBy Insolvency GuardianMarch 16, 2016

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Argentina lawmakers back debt settlement deal – BBC News

A group of people protest in front of the National Congress of Argentina in Buenos Aires, Argentina, 15 March 2016.Image copyright
EPA

Image caption

Protesters voiced their opposition to the deal outside Congress, but lawmakers voted in favour

Argentina’s lower house of Congress has approved a repayment deal which aims to put an end to a 14-year battle with holdout creditors.

After 20 hours of debate, a majority of 165 to 86 lawmakers voted in favour of repealing two bills which stood in the way of the agreement with creditors.

It is a victory for President Mauricio Macr…

Read the full article at: http://www.bbc.com/news/world-latin-america-35820665

Category: Debt HelpBy Insolvency GuardianMarch 16, 2016

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