BUENOS AIRES (Reuters) - Argentina, which defaulted on its debt again in July amidst a decade-long legal battle with a group of U.S. investment funds, welcomed on Sunday the inclusion of a clause in a G20 summit communique aimed at helping sovereign debt restructurings.
The South American country argues that the process of restructuring its debt following its record 2002 default has been upended by a small number of junk debt experts it says are willing to cripple an economy in their pursuit of huge profits.
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