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Cristina Kirchner endorsed Martín Guzmán's strategy in renegotiating the debt: "Clarito como el agua"

2020-07-22T16:42:01.414Z


The vice president declared her support for the economy minister one day after the bondholders rejected the government's offer.


07/21/2020 - 16:10

  • Clarín.com
  • Politics

The vice president and former president, Cristina Kirchner, supported this Monday through Twitter the strategy of the economy minister, Martín Guzmán, in the renegotiation of the debt.

"Martín Guzmán on foreign debt. Clarito como el agua," the former president wrote on Twitter and accompanied the message with a fragment from an interview with the official.

The interview that the vice president recalled was one that the minister gave for the "Truth / Consequence" (TN) program, where he referred to the refusal of the large bondholder groups to the proposal raised by Argentina.

Martín Guzmán on external debt. Clear as water. pic.twitter.com/y9jqmffxei

- Cristina Kirchner (@CFKArgentina) July 21, 2020

In an edited video, some of the phrases that Guzmán said during the note appear: "Argentina in 2016 returned to the international credit market and began to borrow at rates of 7% per year in dollars. When the world paid close rates to 0 ".

The economist added: "To be able to pay that, the country would have to have grown a lot. The creditors knew that they were taking a risk. There are no irresponsible debtors without irresponsible creditors."

"What we are asking them is not that they even lose. It is that they earn less. Accepting what they ask for means more unemployment, more anguish for people, having to, for example, adjust pensions and that is something that we are not going to do " We do not want to commit ourselves to something that we are not going to be able to do. What we are looking for is a commitment that we can fulfill," he said.

In this way Cristina showed her support for Guzmán's management regarding the strategy to renegotiate the debt.

This Monday President Alberto Fernández also came out to speak about the government's position and said that "it is very difficult to make a better offer." At the same time that he stressed that "it is impossible for us to move from this last effort, which is a very, very great effort," he stressed.

Fernández maintained that this "is the effort that puts us on the edge" , for which he stated : "What we do not want is that we make an offer that puts the most vulnerable sectors of Argentina at risk."

AFG

Source: clarin

All news articles on 2020-07-22

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