How the world's newspapers reacted to the res …



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Major world newspapers have described the complicated financial situation in the country and reproduced the announcement of the debt restructuring made yesterday by the government.
"The crisis stifles the government", "Headache", "Extend the deadline to calm the markets", "The crisis worsens" were some of the expressions with which the media evaluated the Argentine economy.

"Argentina reaches the limit," the newspaper said El País, from Spain. In the note titled "Argentina asks the IMF to renegotiate the terms of its debt", the Spanish media specify that "the crisis stifles the government of Mauricio Macri after a new black day for the peso". Thus, the newspaper reported the Minister of Finance's request to "defer" the debt contracted by institutional creditors.

The newspaper O Globo, from Brazil, He also noted the government's announcement, which he described as a "headache between friends" because of the close relationship between Casa Rosada and the International Monetary Fund.

"The agreement between the IMF and Argentina, in addition to breaking the fund's disbursement record, included a series of symbolisms. Contrary to other moments of relief, while the countries that approached the IMF were struggling with unconventional economic policies, Mauricio Macri's Argentina applied measures that the financial market judged. perfect ", although they would not have been enough to achieve balance. prosecutor

The observer from Uruguay He described the government's announcement as an attempt to reduce "the strong currency turbulence that led to a peso depreciation of over 20% in two weeks".

"The crisis in Argentina worsens: the risk of a country soars up to 14 years and the peso collapses because of doubts about IMF payments", a- he declared. La Tercera, from Chile. According to the Chilean newspaper "Uncertainty" on the new IMF disbursement and "alienation" of Alberto Fernández ", doubts were also expressed about the country's ability to cope with the payment of his debt ".

For the financial portal Bloomberg, Argentina "seeks to extend the maturities of tens of billions of dollars in debt and delay payments to the International Monetary Fund after a collapse of the peso and its obligations."

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