"Argentina is in a virtual default and hidden"

The candidate for the Presidency of the Front of All, Alberto Fernandez, he said in an interview with the American newspaper The Wall Street Journal that Argentina "is in a virtual default and hidden"The statements of the former chief of staff ratify the position he has been defending for months and that he had expressed after the meeting with representatives of the International Monetary Fund at the end of June. one of the main economic means of the world, the former official added that now "There is no one to take the Argentine debt, nor those who can pay it."

Earlier this week, the government of Mauricio Macri unilaterally extended the validity period of all short-term papers and He said that he wanted to "reperfil" the debt with the International Monetary Fundas the Treasury was unable to renew its obligations to the private sector.

"The current crisis is a case of déjà vu," he said, recalling the financial collapse suffered by the country in 2001 and causing the default of $ 100 billion in public debt, a record at that time , adding that "its differences of opinion" with the conditions of the IMF, they are also similar ".

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Fernandez said: "What I want them to understand at the IMF, is that they are guilty of this situation. It was an act of complicity with the Macri administration. It was the most expensive re-election campaign of humanity, and they gave money to a compulsive spender. "

The article points out that Fernandez "made it clear that he did not support the austerity measures taken by Macri to balance the state budget, which were among the agreed conditions with the IMF ".

Moreover, the US media recalls that "Argentina has breached its external debt eight times over its 200-year history" and "has received about 30 IMF support programs, maintaining an unstable relationship with previous leaders, Peronists. "

The presidential candidate had already warned the IMF of the country's economic situation at the meeting they had had two months earlier. On this occasion, Fernández, considered today that the economy was in a "hidden defect" and had badured that if the Fund "I would not have attended Argentina, nothing could have been paid because the country does not export."