Why YPF Should Remain Financially Solid Despite Its Country's Default
Adrian Limoli • Today, 4:24 AM
- Argentina was declared under selective default in July and the economic consequences are starting to appear.
- However, there are many reasons to believe YPF will remain financially solid throughout the rest of 2014 at least.
- Its close ties with the government, its strong cash flow and cash cushion plus new international development agreements are among these.