President Cristina Fernandez de Kirchner

President Cristina Fernandez de Kirchner

Pablo Porciuncula/AFP via Getty Images

President Cristina Fernandez de Kirchner insists that she can only offer holdouts from Argentina’s $95 billion default in 2001 the same terms as creditors who accepted losses of about 70 percent in debt restructurings in 2005 and 2010.