Argentina faces default after missed deadline
One-month grace period gives President Kirchner until end of July to negotiate a deal with creditors.
Published On 1 Jul 2014
Argentina is on the brink of default after missing a deadline to pay its foreign debt. A one-month grace period has been issued, giving Argentina until the end of July to negotiate a deal.
Neighbouring countries have called an emergency meeting to discuss the issue.
Al Jazeera’s Daniel Schweimler reports from Buenos Aires.
Source: Al Jazeera