Thursday, August 5, 2010

Argentine decider blocks make use of of pot to compensate debt

Thu Mar 4, 2010 10:24am EST Related News CORRECTED - UPDATE 2-Argentina signs new decree to tap reservesMon, Mar 1 2010

BUENOS AIRES, March 4 (Reuters) - An Argentine judge onThursday temporarily blocked a government decree ordering theuse of reserves to pay debt, a court document said.

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Federal judge Claudia Rodrigues Vidal ordered the EconomyMinistry not to use, under any circumstances, the near $4.4billion transferred by the central bank to the Treasury onMonday. (Reporting by Walter Brandimarte; Editing by James Dalgleish)

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