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Repercussions
La Nacion
September 04, 2008

"It's a very strong signal. It's marking an official decision that ratifies a policy of disindebtedness and shows the decision to use the reserves of the Central Bank in the service of economic policy. It will benefit all that need foreign financing, including the government. I don't see any negative signs in the measure."
H ctor Valle
FIDE

"It's positive to regularize an unpaid debt. It will allow financing of public works, but if that is positive and doesn't depend on the project. It's an isolated measure. The market reaction was positive, but not very positive because it's not accompanied by an anti-inflationary plan or a normalization of the INDEC. Between the lines, nothing is going to change, but there is a will to pay."
Daniel Artana
FIEL

"It's very good news, that could help restore Argentina's damaged reputation and, political, avoid the thorny issue of IMF monitoring. Despite these merits, it doesn't make total sense unless it's attached to plan that includes the holdouts, lower dependence on Venezuela and macroeconomic corrections."
Claudio Loser
EX FMI

"The measure was cautious on the measure. They are still waiting for more clear signs about the INDEC situation or the fiscal accounts. It's a step in the right direction, while I believe that in terms of access to financing for the State there will be few changes."
Miguel Kiguel
ECONVIEWS