How Panama Papers May Become a Boon for Cash-Strapped Argentina
- Leaked documents showed 270 Argentines held shell companies
- Balanz said more than $60 billion may be brought back
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When leaked Panama Papers listed President Mauricio Macri of Argentina as the director of an offshore shell company, he found himself on the front page of the world’s newspapers for all the wrong reasons.
But the documents may ultimately prove to be a blessing for his cash-strapped government and its ability to repay debt.