Argentina: Paris Club agrees to debt talks no IMF
Cristina Fernandez
The Paris Club has agreed to talks on renegotiating $6.5 billion in outstanding Argentine debt without the participation of the International Monetary Fund  President Cristina Fernandez said Monday.
 Argentina had sought to have the IMF excluded from the negotiations; Fernandez and many others in Argentina blame the institution in part for the country's collapse a decade ago.
 Fernandez did not say how Argentina plans to pay off the debt  but the government has tapped Central Bank reserves in the past to pay private creditors and the IMF.
 "The negotiation must be realistic for Argentina  with a payment schedule that allows continued support of economic growth with social inclusion " Fernandez said.
 She said the goal is to reach a deal by early 2011  effectively ending Argentina's default.
 "It took us exactly one decade " Fernandez added.
The Paris Club has agreed to talks on renegotiating $6.5 billion in outstanding Argentine debt without the participation of the International Monetary Fund  [TGT] said Monday.
 Argentina had sought to have the IMF excluded from the negotiations; [TGT] and many others in Argentina blame the institution in part for the country's collapse a decade ago.
 [TGT] did not say how Argentina plans to pay off the debt  but the government has tapped Central Bank reserves in the past to pay private creditors and the IMF.
 "The negotiation must be realistic for Argentina  with a payment schedule that allows continued support of economic growth with social inclusion [TGT] said.
 [TGT] said the goal is to reach a deal by early 2011  effectively ending Argentina's default.
 "It took us exactly one decade [TGT] added.