Argentina imposes tough new COVID-19 restrictions
What s wrong with the current debt plan?
Argentina is due to start repaying the $44 billion IMF loan this year, but in March Fernandez said the debt was too high a burden. Some $3.5 billion is due this year, $18 billion in 2022 and $19 billion in 2023.
The president wants to push back payments for four years, when the economy should be in better shape. He also wants the IMF to cut the surcharges that are levied to encourage speedy repayment. The idea is not to not pay but rather to obtain an agreement that will allow us to sustain our economic plan of development and growth, and without forgetting the 40% of the population below the poverty line, the president told C5N television channel in March.
After meeting with King Felipe VI and Prime Minister Pedro Sánchez, President Fernández should be off to unrest-ridden France
Argentine President Alberto Fernandez and his entourage arrived late Monday in Madrid, where he is due to meet with King Felipe VI and Prime Minister Pedro Sánchez.
Fernández landed in the Spanish capital from Lisbon and will next travel to Paris and Rome in a one-week European trip that saw its Berlin stop removed from the itinerary at the request of Chancellor Angela Merkel, citing covid-19 restrictions.
And it is yet unknown whether French President Emmanuel Macron will be able to welcome his Argentine colleague, given recent events in France, where military officers speak of “a civil war brewing.”
Alberto Fernández met with King Felipe VI of Spain and Prime Minister Pedro Sánchez. | TÉLAM
As part of his European tour, President Alberto Fernández met with Spanish Prime Minister Pedro Sánchez this Tuesday, gaining his support in Argentina’s negotiations with the International Monetary Fund (IMF) and the Paris Club, as well as the release of Covid-19 vaccine patents.
The Frente de Todos leader arrived in Madrid on Monday, having first stopped in Lisbon where met with Portugal’s Prime Minister Antonio Costa in a visit deemed as a success. After meeting with Sánchez he was welcomed in the Palace of Zarzuela by King Felipe VI.
Buenos Aires official casts doubt on Copa America in-stadium attendance 1 minute read
Buenos Aires, May 11 (EFE).- The health minister of Argentina’s capital cast doubt Tuesday on the possibility of in-stadium fan attendance at the Copa America, an international soccer competition that determines the champions of South America.
A devastating second wave of the coronavirus pandemic is battering that region in the lead-up to this year’s event, which is scheduled to be held from June 13 to July 10 in Argentina and Colombia.
“The city and much of the country with urban clusters are not in condition to organize events with large crowds,” Fernan Quiroz said at a press conference, adding that “as of today, at least in terms of spectators, it’s still not clear.”
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LISBON Argentina’s President Alberto Fernandez said on Monday he hoped a new, sustainable deal with the International Monetary Fund (IMF) that would allow his heavily-indebted country to develop and take into account post-pandemic conditions can be reached soon.
“What we have always asked for is a deal which does not put into question our ability to develop and end inequality. I want to reach a deal that is sustainable,” he told reporters after his meeting in Lisbon with Portuguese Prime Minister Antonio Costa.
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