On Friday, he was invited to lunch by the Argentine Economy Minister Axel Kicillof and the President of the Central Bank of the Republic of Argentina (BCRA), Alejandro Vanoli.
And Saturday he expected the presidential residence in Olivos, where he will be received by President Cristina Kirchner, in power since 2007.
During a conference press on Friday, Thomas Piketty criticized the decisions of the US courts against Argentina in the dispute with the funds’ vultures “on the debt.
“ The big countries like the United States have an advantage in the globalized world can impose incredibly arbitrary decisions, selfish and unacceptable, this has been the case in the case of + Vulture funds + , “said economist at a press conference.
The third largest economy in Latin America, weakened today after a decade of strong growth, is within the scope of a sentence to pay $ 1.3 billion to NML and Aurelius, two hedge funds who had bought Argentine debt at a knockdown price.
So to repay its debts on other fronts, Argentina is in partial default as the US judge who made the decision blocks any debt repayment transiting the US , as Buenos Aires has not paid the sum of $ 1.3 billion.
This represents 100% of the value of the shares while 93% of the creditors have conceded in 2005 and 2010 will reach about 30% of their claims to allow Argentina to restart after the economic crisis of 2001/2002 which left the country to its knees.
After Chile, the French economist, who recently refused to be decorated with the Legion of honor, went to Argentina to promote his bestseller, “ capital twenty-first century , “which was recently released in several countries in Latin America.
The book has already sold 1.5 million copies, and has had great success in the United States.
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