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Caracas, Wednesday May 07 , 2008  
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Argentinean Minister of Economy ponders bonds placement in Venezuela

Argentinean Minister of Economy Carlos Fernández will meet Thursday with Minister of Finance Rafael Isea in Caracas to discuss the potential placement in Venezuela of Argentinean notes and the takeoff of the Bank of the South, an Argentinean official source stated on Wednesday.

Fernández and Argentinean Minister of Federal Planning Julio de Vido planned to leave Buenos Aires on Wednesday afternoon in the midst of a standoff caused by the Venezuelan government's decision to nationalize steelmaker Ternium Sidor, whose shareholders' equity is mostly Argentinean.

Argentinean minister of Economy will meet with his Venezuelan counterpart to deal with the Argentinean bond issue in Venezuela. However, their value is not established yet, Fernández's spokesman José Luis Olivero stated, according to AFP.



 
 
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