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Megacanje
The
Megacanje
was an
Argentine
program
that refinanced
the Argentine
foreign debt
in 2001
, during the
1998–2002 Argentine great depression
. The
payment
of
30,000
million
dollars
was delayed to 2005, in exchange of a 14%
interest rate
.
The
president
Fernando de la Rúa
and the
minister
Domingo Cavallo
were trialed for this case, and
declared
innocent
on
October 6
,
2014
.