Argentina to Present Sovereign Debt Restructuring Proposal to UN

2015-09-10 2

Argentina's foreign and economy ministers are at the UN where they will present the General Assembly with a proposal on sovereign debt restructuring. The proposal seeks to defend countries that have restructured debt from attacks by vulture funds. The proposal is considered a first step in adopting international legislation that would protect countries from such speculative abuse. If approved, the proposal could have major international repercussions. Leonel Poblete reports from Buenos Aires. teleSUR