EFTA Document EFTA01461971

saga in the country, raising doubts about any possibility of a remedy to be offered at any time. By the time we went to press, Bloomberg news reported that an attempt by a group of Argentine banks to buy about $1.5b of defaulted bonds off holdout creditors also failed after a meeting in New York. This notwithstanding, it seems that a private sector involvement, after Minister Kicillof speech, could still offer a better opportunity to close the gap currently existing between the government