Word: grinspun
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Dates: during 1983-1983
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...retreated to a ranch at an undisclosed location to plan his agenda. The most immediate problem is the country's growing debt. Alfonsin inherits an agreement with the International Monetary Fund for short-term loans to prevent a default, in exchange for the imposition of austerity measures. Bernardo Grinspun, the President-elect's chief economic adviser, estimates that Argentina will need at least $14 billion next year simply to meet its debt payments. During the campaign, Alfonsin promised to study the repayment agreements, but his advisers say they will not be discarded. "We are not going to conduct...