Critical Analysis: Holdouts and Hard Sells for Argentina’s Bond Swap

The European Union is not the only one finding themselves in deep financial trouble of late. Recently, attention has been diverted to Argentina, and it is not for their delicious wine. After Argentina’s economic collapse in 2001 and its ensuing record-breaking $100 billion default in foreign debt, Argentina was reluctant to negotiate any sort of … Read more

Argentina Re- Nationalization of YPF: Spain and the European Union Respond

Back in middle of April, the Argentine government announced its re-nationalization of YPF (the company was initially founded in 1922 by the Argentine state), a major Argentine energy player and subsidiary of Spain’s Repsol, with a 51% takeover of the company (taking over 51% of Repsol’s 57% ownership stake).  Argentine President Cristina Fernandez de Kirchner … Read more