In the Buenos Aires neighborhood where Pope Francis grew up, Argentines quietly ...
BUENOS AIRES - In the Buenos Aires neighborhood where Pope Francis grew up, Argentines quietly hope the pontiff can help solve a debt crisis that has rippled through every part of Argentine society and put the serial defaulter at risk in the markets.
The symbolism of the Vatican meeting, facilitated by an Argentine pope who has been outspoken about economic fairness, is not lost on the streets of the predominantly Roman Catholic country’s capital, where many are grappling with recession, high inflation and capital controls. “I think he has this country in his heart so I think he will support this government,” she added. “Hopefully it helps.”
That is no easy matter for a country that has defaulted twice since the turn of the century, most recently in 2014, straining its relationship with international creditors. “When he is involved in something, he will do everything possible to make sure whatever is said is fulfilled.”
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