Macri Winning Support for Deal With Argentine Bondholders
- Three opposition blocs set to approve bill following talks
- Chamber of deputies to start debate on bill later today
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Argentine President Mauricio Macri is winning support in Congress for a deal with creditors, ending a 15-year dispute with holdout bondholders and paving the way for new debt sales.
The government reached an accord with three opposition blocs yesterday, finance committee President Eduardo Amadeo told Radio 10 Tuesday. Debating in the lower house will begin at midday and is expected to last 18 to 20 hours before voting, after which the bill will pass to the senate.