Coming on the heels of Elliott Management blasting the Argentina's government for not negotiating, the government will officially begin negotiations with the holdout creditors on July 7 in New York.
Statement of Argentina’s Economy Ministry on the negotiations
In a statement released on the Argentine Economy Ministry’s website, a translated copy of which was provided to ValueWalk, read: “The Ministry of Economy reports that he is has appointed a delegation to meet the aforementioned official (Daniel Pollack) on July 7. Thus, Argentina reiterates its vocation for negotiation of fair, equitable and legal conditions covering the interests of 100% of the creditors, which means...
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