Argentina default: Fernández travels to Europe in a race against the clock to reach agreement with the Paris Club

Argentina's current debt with the Paris Club stems from a payment agreement sealed with that group in 2014, during Cristina Kirchner's (2007-2015) government, when its outstanding maturities were renegotiated after it fell into default at the end of 2001.

RIO DE JANEIRO, BRAZIL - The President of Argentina, Alberto Fernandez, will start this Sunday a tour of Europe in a race against the clock to negotiate with the Paris Club, a group with which the South American country could enter into default if it does not reach before the end of May a debt refinancing agreement for US2.4 billion.

The tour of Fernández, who is traveling together with the Argentine Minister of Economy, Martín Guzmán, and the Chancellor, Felipe Solá, includes stops in Portugal, France, Italy and Spain, the latter three countries being part of the . . .

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