Sovereign Payment Law allows Argentina to comply with creditors

2014-11-08 6

According to financial experts, Argentina's new Sovereign Payment Law will allow the country to comply with its obligations to its creditors, including the vulture funds. The new law seeks to go around the ruling of a New York judge stating that Argentina could not make any payments before coming to an agreements with the "holdouts," who have refused to renegotiate their debt. teleSUR.

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