(Bloomberg) -- Argentina's refusal to settle its $6
billion debt with Paris Club creditors is hurting the country's
chances of getting credit ratings increases, said Mauro Leos, an
analyst at Moody's Investors Service.
Argentina hasn't made payments on its debt with the Paris
Club since 2001, when it also defaulted on $95 billion of bonds.
The government has refused to pay even after economic growth of
more than 8 percent in each of the past four years helped it post
budget surpluses, Leos said at a conference in Buenos Aires.
Read more at Bloomberg Emerging Markets News
billion debt with Paris Club creditors is hurting the country's
chances of getting credit ratings increases, said Mauro Leos, an
analyst at Moody's Investors Service.
Argentina hasn't made payments on its debt with the Paris
Club since 2001, when it also defaulted on $95 billion of bonds.
The government has refused to pay even after economic growth of
more than 8 percent in each of the past four years helped it post
budget surpluses, Leos said at a conference in Buenos Aires.
Read more at Bloomberg Emerging Markets News
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