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Argentina, Financial Timeline Monday, April 9 Bookmark and Share     Author
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Pension takeover passed  Senate has approved a bill to nationalise private pension schemes worth at least $23bn, as a victory for President Fernandez's government Controversial tax to fund social programs  President Cristina Fernandez de Kirchner announced plans to fund a public works program with revenues from a agrarian export tax Debt offer draws support  In the first week of the debt swap, creditors holding 23.2% of debt in default had signed up for the offer   Debt repayment offer  Argentina's government has presented financial regulators in the US with plans to reorganise the debts   $1bn debt default avoided  Argentina clinched an aid deal with the IMF to refinance its short-term debts Argentina faces fresh default  Deadline looms for the repayment of $800m of World Bank debt after already being granted a 30-day grace period Protesters burn O'Neill photos  Demonstrators burned a photo of U.S. Treasury Secretary after his arrival Bank chief to resign  Mario Blejer, who was appointed just one month ago, is set to resign, dampening hopes of a return to economic stability   IMF praises Argentina reforms  The International Monetary Fund will resume talks about fresh loans for the troubled Argentine economy Key economic law scraped Banks to re-open briefly Bank freeze ordered  All banking operations and foreign currency transactions suspended indefinitely amid fears of a financial collapse Peso hits new low Peso passes first test
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Evita's face on Argentina's new 100-peso bill  Eva Peron will be on new 100-peso bills released into circulation in the coming weeks, Argentinian President announced President dismisses central bank governor
Argentina 'in contempt' of US court  New York: A US judge has ruled that Argentina is in contempt of court for refusing to obey an order to repay the debt it owes to two US hedge funds Argentine debt talks end in failure

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  New York: Last-minute talks in New York between Argentina and a group of bond-holders to avoid the country defaulting on its debt have ended in failure

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  Cristina Fernandez de Kirchner has ordered the removal from office of Martin Redrado, who had refused to use currency reserves to pay foreign debt

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  Peso, floating freely for the first time in a decade, ended trading stable against the dollar
Peso under pressure Feb.3 Crisis package unveiled  Economy minister Jorge Remes Lenicov has announced a package of emergency measures Jan.25 March against bank curbs  Police have fired teargas and rubber bullets. Banking restrictions imposed to try and salvage the economy Jan.11 Peso trades again Jan.6 Peso devaluated
  New government ends 10 years of parity with the US dollar. 1.4 pesos would buy $1, a devaluation of 30%
Jan.5 Rescue plan approved  Lower house has given approval to an emergency economic plan. President Duhalde given broad powers

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Dec.26 President promises new jobs Dec.23 Debt payments suspended
  New interim president will suspend foreign debt payments, triggering the default
Dec.19 Argentina plunges into turmoil
  Economy Minister, Domingo Cavallo, has resigned. Police fired tear gas to disperse tens of thousands of angry protesters Dec.3 Defiant message amid crisis  Government limits the amount of cash that can be withdrawn. Economy minister blamed speculators Aug.3   IMF to accelerate $1.2 billion loan  $1.2 billion loan for Argentina and $15 billion line of emergency credit for Brazil

Politics Main Event: President dismisses cen...
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1. 2014-09-29 Argentina 'in contempt' of US court New York
2. 2014-07-30 Argentine debt talks end in failure New York
3. 2012-07-27 Evita's face on Argentina's new 100-peso bill Argentina
2010-01-07 President dismisses central bank governor Argentina
5. 2008-11-20 Pension takeover passed Argentina
G. 2008-06-10 Controversial tax to fund social programs Argentina
H. 2005-01-23 Debt offer draws support Argentina
I. 2004-11-01 Debt repayment offer Argentina
J. 2003-01-16 $1bn debt default avoided Argentina

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