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1. www.ft.com › content › 5cfe7c34-ca48-11e9-a1f4Argentina: how IMF’s biggest ever bailout crumbled under Macri

   www.ft.com › content › 5cfe7c34-ca48-11e9-a1f4

   Sep 2, 2019 · Following days of market chaos in the wake of the vote, Mr Macri’s government bowed to the inevitable last week and asked creditors for more time to pay back Argentina’s $101bn of foreign...

   • Indian Economy Needs Revolution, Not Tinkering

     Trump touts economic plan to slash prices and taps Musk to...

2. www.ft.com › content › ce0d1647-0bd7-4bb4-b787-d1301Argentina and the IMF: the looming clash over its $57bn bailout

   www.ft.com › content › ce0d1647-0bd7-4bb4-b787-d1301

   Nov 10, 2021 · After a borrowing spree to modernise the capital Buenos Aires, the country halted all debt payments, spurring a run on Argentine banks.

   • Author: Lucinda Elliott

3. businessday.ng › big-read › articleArgentina: How IMF’S biggest ever bailout crumbled under Macri

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   Sep 4, 2019 · Following days of market chaos in the wake of the vote, Mr Macri’s government bowed to the inevitable last week and asked creditors for more time to pay back Argentina’s $101bn of foreign debt, including the IMF money, as Buenos Aires struggled to avoid the country’s ninth sovereign default — and the third this century.

4. www.nzherald.co.nz › business › argentina-how-imfsArgentina: how IMF's biggest ever bailout crumbled under Macri

   www.nzherald.co.nz › business › argentina-how-imfs

   Following days of market chaos in the wake of the vote, Macri's government bowed to the inevitable last week and asked creditors for more time to pay back Argentina's US$101b of foreign...

5. www.aljazeera.com › economy › 2018/9/16Argentina’s crisis: What went wrong and what is next

   www.aljazeera.com › economy › 2018/9/16

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   Sep 16, 2018 · In response, Argentina’s central bank raised interest rates to a world record 60 percent, while President Mauricio Macri announced a series of “emergency” measures to eliminate the primary fiscal...

   • Video Duration: 25 min

6. www.ft.com › content › b9a5f679-3f6d-4867-9517-eDefault — the fight over Argentina’s $100bn debt crisis

   www.ft.com › content › b9a5f679-3f6d-4867-9517-e

   Apr 20, 2024 · What made it the most notorious was the remarkable legal trench warfare between Buenos Aires and its creditors that crystallised simmering fears over the messy bankruptcy process for...

7. People also ask

   Why did Macri ask creditors to pay back Buenos Aires' debt?

   • Following days of market chaos in the wake of the vote, Mr Macri’s government bowed to the inevitable last week and asked creditors for more time to pay back Argentina’s $101bn of foreign debt, including the IMF money, as Buenos Aires struggled to avoid the country’s ninth sovereign default — and the third this century.

   Argentina: how IMF’s biggest ever bailout crumbled under Macri

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   Why did Macri choose a gradual approach to resolving Argentina's economic crisis?

   • “Historically whenever the IMF swoops into Argentina, it leaves brutal budget cuts and economic chaos in its wake.” So Mr Macri opted for a gradual approach to fixing the economic mess left to him by Ms Fernández, hoping to avoid another cycle of IMF-imposed austerity and political crisis.

   Argentina: how IMF’s biggest ever bailout crumbled under Macri

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   What happened to Argentina's debt?

   • Argentina went further, soon afterwards imposing a 75 per cent “haircut” on its creditors. That was only the beginning of what would become a 15-year saga that shook the financial world. Until Greece’s 2012 debt restructuring, it was the biggest-ever government bankruptcy.

   Default — the fight over Argentina’s $100bn debt crisis - Financial Times

   www.ft.com/content/b9a5f679-3f6d-4867-9517-e8437492ec19

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   How did Macri's inauguration affect Argentina's economy?

   • The last 70 years of Argentina’s history have been punctuated with regular economic crises, and Mr Macri’s inauguration in December 2015 was no different. His Peronist predecessor, Cristina Fernández de Kirchner, had emptied the government coffers, signing decrees to increase spending by an extra $27bn in her final days in power.

   Argentina: how IMF’s biggest ever bailout crumbled under Macri

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8. nacla.org › imf-debt-argentinaThe IMF Gambled and Lost: Why Pay Them Back? | NACLA

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   Dec 10, 2021 · Granting an IMF loan to the struggling Mauricio Macri government resulted in a number of serious irregularities that demand a discussion on its legitimacy, whether it should be repaid, and if so, under what terms and conditions.