News Center

ANALYSIS-Argentine leader aims to tap reserves to boost power
Reuters
March 08, 2010

By Kevin Gray

BUENOS AIRES, March 8 (Reuters) - Argentina's president is fighting to use currency reserves to repay debt and avoid cutting government spending, which she fears would weaken her grip on power ahead of a presidential election next year.

President Cristina Fernandez, facing a financing crunch and slumping popularity, is taking on Congress and the courts to use the reserves and vowing to move ahead with the plan despite court rulings against it and fierce lawmaker opposition.

For full text of the article: http://www.forexpros.com/news/general-news/analysis-argentine-leader-aims-to-tap-reserves-to-boost-power-124495

U.S. Government
Takes Action

Click here to view letters by the Administration and Members of Congress on Argentina's debt and economic policies.

The Debt and Europe

Click Here To Read More

ATFA Member Spotlight

Resolution on Argentina's Generalized System of Preferences Status (GSP)

Click here to view other ATFA member activity

Join Us
Show your support for ATFA and our work regarding debt default by joining our growing list of supporters.

Tell Your Friends
Do you have friends or colleagues who would be interested in supporting ATFA? Send them an invitation to this site by clicking here.