Argentina Says It Aims to Avoid Default Amid Lockdown Extension

  • President originally called for March 31 to resolve debt talks
  • Fernandez: Bolsonaro’s attitude on virus complicates Argentina

Police officers take notes while inspecting commuters' credentials at the Retiro railway station in Buenos Aires, Argentina, on March 27. 

Photographer: Erica Canepa/Bloomberg
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Argentina said it will still try to avoid a costly default, even as it extends a nationwide lockdown to stop the spread of coronavirus.

President Alberto Fernandez said that the country would still prioritize avoiding a default on its overseas debt, even though the already struggling economy will be hampered by a government-ordered lockdown, now in effect until April 12Bloomberg Terminal.