Argentina can no longer claim that the country has fulfilled its financial obligations and that recent non-payment to the government is to blame. That represented the American judge who was involved in the conflict between Argentina and its creditors Friday
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Argentina could not be the end of July obligations because the country was able to connect with the holders of bonds on which the country years ago renounced. no agreement A payment to current creditors, which Argentina had put through an American bank, available money was due to the lack an agreement prohibited by the court.
Since then argues Argentina including through advertisements that it has satisfied itself of its obligations . This view, however, was swept by the judge of the table. He pointed out that Argentina its obligations to all creditors must comply, not to a particular group. ,, It makes no sense to say that one obligation is more important than the other, ‘he said.
Argentina lies many years in dispute with hedge funds who have never participated in the restructuring of the Argentine debt earlier this century. Other creditors wrote while a large portion of their claims, and swapped their old bonds for new ones that were worth less. But the hedge funds are committed to the requirement that they be refunded in full to get the loan
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