RIO DE JANEIRO, BRAZIL - Kristalina Georgieva, Director of the International Monetary Fund (IMF), and Argentina's Economy Minister Martín Guzmán agreed on the sidelines of the G-20 Summit in Saudi Arabia last Saturday to renegotiate the South American country's debt agreement.
Both sides are willing to work together to find a solution to Argentina's debt crisis, which the IMF considers "unsustainable" under current credit terms. The aim is to reduce the debt to . . .