The administration of Argentine president Mauricio Macri has largely impressed international observers and those within the finance industry with its market-friendly policies. The government's priority, however, remains turning around the country's economy, something its banks will play a role in. Jason Mitchell reports.
It is becoming less and less likely that Argentina will resolve its dispute with international investors over its 2002 default before its presidential election in October. The question is, will the country drift further apart from the international investor community, or will the next government bring about the structural reforms markets are impatient to see?