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Tuesday 29 July 2014

BUSINESS NEWS: No meeting scheduled on Monday between Argentina, court mediator

BUENOS AIRES (Reuters) - No meeting is scheduled on Monday between Argentina and the court-appointed mediator in New York in its debt dispute with creditors but talks continue, a government source said on Sunday.

Argentina, Latin America's third-largest economy, has for years fought the "holdout" hedge funds which snapped up its junk bonds after its $100 billion default in 2002 and then refused the restructuring terms, suing for repayment in full.

(Reporting by Alejandro Lifschitz; Writing by Anthony Esposito; Editing by Angus MacSwan)


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