RIO DE JANEIRO, BRAZIL - Argentina’s international creditors, scarred by this year’s turbulent debt restructuring, want the new International Monetary Fund program the country is seeking to come with ultra-rigorous conditions.
Argentina and its provinces restructured US$100 (R$538) billion of debt two months ago, but the country’s bonds have lost nearly 30 percent since their relaunch, as worries about the government’s economic strategy have persisted.
On Monday Economy Minister Martin Guzman, who led the restructuring for Latin America’s No. 3 economy, said Argentina would seek an IMF Extended Fund Facility (EFF) to replace . . .