Alberto Fernández will seek the support of Angela Merkel …

The meeting will have the same logic as the one held a few days ago with the director of the International Monetary Fund, Kristalina Georgieva. President Alberto Fernandez and the German Chancellor Angela Merkel will dialogue this monday noon via zoom and the intention of President East confirm that Germany – with the most influential countries in Europe – they will support the country in his negotiation with him IMF. Merkel promised this approval during the price who played in Berlin at the beginning of February of 2020, and the head of state will insist with the position official of Pay the external debt without involving a program of economic adjustment.

Alberto Fernández has political and intellectual respect for Angela Merkel, German Chancellor and key player in the European Union (EU) alongside Emmanuel Macron, leader of France. At the beginning of 2020, the president had dinner in Berlin with Merkel and from then on they established a diplomatic relationship which served to draw up a bilateral roadmap related to the covid-19 pandemic and its economic consequences, the Mercosur-EU agreement and the institutional support of this geopolitical bloc for negotiations with him International Monetary Fund (IMF).

Martín Guzmán, Minister of the Economy, and Sergio Chodos, Argentina’s representative at the IMF, are in charge of the formal negotiations in Buenos Aires and Washington. But the Head of State has defined an institutional strategy which consists in leading all conversations at the highest political level to make it explicit that this is a key issue for Casa Rosada.

In this context, Alberto Fernández wrote a personal letter to Joseph Biden proposing a deep bilateral program with the United States, then he had a long conversation with Kristalina Georgieva, the managing director of the IMF.

In Washington, they are already preparing the formal response to the president’s letter to Biden, while Georgieva has used IMF social media to ratify the fluid political relationship he has with Alberto Fernández.

During the only conversation that the head of state and the managing director of the IMF had via zoom, it was ratified that progress will be made in an extended facilities program without executing – in exchange – an adjustment plan. Economic and Social.

Martín Guzmán, Sergio Chodos and Mark Rosen, US representative to the IMF

Virtual contact between Alberto Fernández and Merkel was closed by Gustavo Beliz, Secretary for Strategic Affairs, after a meeting he had with Ulrich Sante, German Ambassador to Argentina. And last Saturday, during a working breakfast in Olivos, the President and his Chancellor Felipe Solá analyzed the issues to be discussed with the German Chancellor.

The priority for Alberto Fernández is the negotiation of the external debt. He assumes it will be a long and complex showdown, and is betting on the European Union that the IMF board approves an extended facilities program that postpones capital payments by at least three years, an assumption of work to which the staff of the multilateral body.