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Argentina warns of default on debt repayments at end of June
Zone(s): Argentina ¦ Sector(s): Taxation
The decision left the government with a $1.33bn (£780m) bill to pay at the end of the month to hold-out investors who did not accept writedowns during the country’s efforts to restructure its debt.
Previous rulings mean that the debts must be repaid before other creditors are reimbursed.