Argentina’s long-simmering legal fights with many of its former investors are coming to a head, and the billions of dollars in damages at stake could complicate President Javier Milei’s attempts to fix the country’s struggling economy.
Lawsuits over decisions taken by previous governments, from expropriations to changes to bond payments, are winding their way through courts in the US and Europe, and plaintiffs are piling pressure on the government to negotiate.
While Milei says he will pay his country’s obligations, behind closed doors officials warn the government will fight to the bitter end to reduce them and protect Argentina’s scarce resources.
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