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Deficit

World news about “Deficit” published by euronews.

28/07 14:39 CET

Argentina set for default for the second time in 12 years

Argentina set for default for the second time in 12 years

Argentina, Latin America's third biggest economy is set to default on its debt for the second time in 12 years. Negotiations with the so called "holdouts" - investors who have refused to take financial haircuts have reached an impasse with no sign of either side giving way…