Thursday, December 18th 2014 - 04:45 UTC Holdout funds, Malvinas: Mercosur presidents back Argentina Full support also expressed for Venezuela against sanctions from the administration of United States President Barack Obama.
The documents are particularly strong in support of Argentina as it stands up to “a small group of holders of non-restructured sovereign debt bonds and express the bloc's most absolute rejection of these holdout funds, whose deeds hinder the achievement of final agreements between debstors and creditors and jeopardises the financial stability of countries.”