Argentina’s former Economy Minister Domingo Cavallo is impatient with the government’s lack of conviction in implementing the market reforms he began 10 years ago.
Category: Argentina
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MarketWatch
Argentina’s Tax Revenues Track Industrial Output Argentina, like many Latin American countries, has trouble collecting adequate tax revenues. Evasion is widespread in spite of repeated efforts to clamp down on […]
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Down with the Deficit
Argentina is struggling to bring its public finances under control. It is by far the biggest sovereign borrower in Latin America these days, and it is beginning to rattle nerves […]
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Latin Issuers’ Deft Maneuvers
Sharper debt teams and greater finesse are helping Latin issuers sell a record volume of bonds. But the jury is still out on Argentina, which is battling to stabilize its public finances.
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Appetite for Argentine Telecom Sector
International telecommunications companies have told Henoch Aguilar, Argentina’s communications secretary, that they are prepared to invest over $5 billion in the country once the government deregulates the tightly controlled industry […]
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Pérez Adds Austral Basin Company to Assets
Pérez Companc, Argentina’s energy group, agreed to purchase oil holding company Sudelektra Argentina for $121 million. Sudelektra’s only asset is 32.8% of Unión Transitoria de Empresas Santa Cruz I, an […]
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Even Blue Chips
Nobody is exempt from the disenchantment with emerging market risk. Long-term capital buyers are scarce even at Metrogas, the British Gas affiliate in Argentina, despite rising revenues and cashflow.
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Galicia Share Swap
The main shareholders in Banco de Galicia, Argentina’s last big locally-owned bank, announced a share swap in which it will exchange stock in its holding company for bank shares held […]