Italian President Renzi Offers Support to Argentine President Cristina Fernández

Italy’s President Matteo Renzi has written a letter to Argentine President Cristina Fernández de Kirchner, dated July 9, expressing his “satisfaction” with Argentina’s “willingness to continue paying its debt, which is a key point of great value for the international markets.”

Renzi was responding to a letter that President Fernández had written him last June. “I wish to assure you,” he wrote, “of the Italian government’s support for Argentina’s efforts, and our availability to explain aspects and implications of the issue in more depth in European and international locales.” Renzi also expressed his hope that Argentina may continue and “consolidate its path of growth, which Italy will continue to follow as an industrial, commercial and financial partner.”

The Italian President also reported that Italy, as the rotating president of the EU Council, is paying close attention to the “certainty and transparency of international mechanisms for the restructuring of debt,” as these are “values of great importance.” He assured the Argentine President that the strengthening of the Italian-Argentine dialogue continues to be a priority for Italy’s foreign policy, and that as testament to that, Foreign Minister Federica Mogherini will be visiting Argentina on August 4.

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