In Government will begin negotiations with holdouts in January

In Government will begin negotiations with holdouts in January -

The mediator appointed by the judge Thomas Griesa Daniel Pollack announced that the Argentine government and the holdouts begin "substantive negotiations" during the second half of next January in New York, in the context of the dispute that the country faces vulture funds and other bondholders that remain in a situation of default.

a in a statement, Pollack said that this understanding was reached during a meeting held today in the city of New York with Finance secretary Luis Caputo ; and the official of the Cabinet, Mario Quintana .

"The meeting was constructive, covered a number of issues and agreed that they will return to the city of New York in the second week of January to begin substantive negotiations with the bondholders, "Pollack said.

the mediator appointed by Griesa explained that the meeting with Argentine officials spread space" about an hour ".

the trip Caputo was informed by the Finance Ministry of Finance and in the last hours of yesterday. The aim of the trip was "to agree on a schedule of meetings and negotiations held during the month of January" on the situation facing the country with the holdouts, according to the party official press release.

With meeting held today, Caputo continues talks that began a week and a half ago with Pollack for the purpose of reaching a solution to the conflict with the bondholders in default situation that did not enter the debt swap of 05 and 2010 and which took action against the country in the court of Griesa.

last Tuesday a new audience about this topic, in which the underwriters and the holdouts made presentations regarding Bonar 24, it was held in the Argentine officials and lawyers were not present

. Source: Telam

Next Post »