• Argentina refuses the Russian loan, for $ 1.9 billion

  • The Argentine government intends to abandon the Russian loan of $ 1.9 billion for construction of HPP. About it reports Bloomberg with reference to the message the Ministry of Finance of the country.

    "The financial terms proposed by Russia, ceased to be attractive after Argentina came out of default," — said the Ministry.

    In March, the Senate of Argentina approved an agreement to pay hedge funds holding sovereign debt of countries that the local press calls "vulture funds".

    Russia in 2015, expressed its willingness to provide a loan for 20 years at an interest rate of 6.5 percent for the construction of HPP "Cuido-1" in the South-West of the country.

    Argentina defaulted on payments on $ 100 billion in 2002. Most of this debt was restructured, resulting in holders of bonds in 2005 and 2010 received less than 30 percent of the lent money. Minority debt holders decided to seek payment on the bonds in U.S. courts, but failed, as it required payment of the full amount.

    In 2014, Argentina has allocated funds to pay holders of its restructured debt, but the American judge Thomas Griza its decision blocked these tools to give funds the advantage of obtaining benefits. As a result, 30 Jul 2014 Argentina has announced the immediate suspension of payments.


More news in the same category:

More Global News:

    • Img
    • 5:54 pm on Tuesday 15th August 2017  /  Россия
      Kuznetsova has estimated taken in Syria and Iraq of Russian children

      Parents who joined Islamist groups, brought from all regions of the country — especially from Chechnya and Dagestan — about 350 children, said the Ombudsman under the RF President on the rights of the child Anna Kuznetsova. So, the lists from Dagestan has over 200 names, and this is only the official data.

    • Img
    • 5:54 pm on Tuesday 15th August 2017  /  Интернет и СМИ
      Intimate photos of Anne Hathaway leaked to the network

      Unidentified hackers leaking intimate photos of American actress Anne Hathaway. In some photos it is embodied in society naked man, presumably her husband, actor Adam Shulman. Apparently, the pictures were taken during rest and joint campaigns in a bath.

    • Img
    • 5:51 pm on Tuesday 15th August 2017  /  Наука и техника
      Solved half a century the task of physics

      British and German scientists have decided, in their opinion, the problem glasses. Nobel prize winner Philip Anderson called this problem, actual for the last more than 50 years, "the deepest problem of solid state physics". A study published in the journal Physical Review X.

comments powered by Disqus