Russian sports minister: McLaren’s words on "institutional conspiracy" erroneousSport December 09, 18:59
Russian PM says sanctions are not worth loss they cause for businessBusiness & Economy December 09, 18:24
Roscosmos praises contribution of US astronaut John Glenn to world cosmonauticsScience & Space December 09, 18:19
Russian Sports Ministry urges investigation into facts stated in McLaren reportSport December 09, 18:13
WADA says RUSADA must demonstrate 'independence from outside interference'Sport December 09, 18:03
Russian PM says Nord Stream-2 project benefits all participantsRussian Politics & Diplomacy December 09, 18:00
Russian premier says Rosneft stake sale is 'largest deal' in 2016Business & Economy December 09, 17:38
IPC says full findings of McLaren report unprecedented, astonishingSport December 09, 17:05
General Staff: Syrian army takes control of 93% of Aleppo’s territoryMilitary & Defense December 09, 17:04
BUENOS AIRES, July 29. /ITAR-TASS/. Argentina has made the first payment for $642 million to settle the debt to the Paris Club of public lenders bringing together 19 highly industrialized countries. The debt totals $9.7 billion including interest rate, Argentine Ministry of Economy said.In May, the government agreed on “final settlement” of the domestic debt to the Paris Club that had amassed because of a massive economic crisis in Argentina aggravated by an economic default in 2001. The agreement envisages gradual debt payment within five years. Buenos Aires plans to make next $500 million payment in May 2015.
The agreement with the Paris Club was reached without the International Monetary Fund IMF mediating role. Argentina has repaid the debt to the London Club of private creditors ahead of time back in January 2006 saving about one billion dollars on interest rate. Argentine authorities have repeatedly criticized “IMF neoliberal recipes” shouldering responsibility on it for heaviest aftermath of the most large-scale socio-economic crisis, which broke out in the country in December 2001.
In 2005 and 2010, Argentina has restructured 93% of state debt totaling $100 billion.