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Argentine President-Elect Macri Says Debt Deal Possible in 2016

Argentina's President-elect Mauricio Macri on Wednesday expressed confidence a deal could be reached next year with U.S. creditors suing the country over unpaid debt. Asked if a settlement was possible with so-called "holdout" creditors in 2016, Macri told Reuters: "Yes, of course." Argentina's decade-long legal battle with a small group of U.S. investment firms tipped the South American country back into default in July last year. A deal would allow...

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