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Argentina to negotiate with holdout creditors in January: mediator

A woman passes by posters against "vulture funds", in Buenos Aires on June 18, 2014

Argentina will begin negotiations with holdout creditors it has branded "vultures" in the second week of January, the New York arbitrator in the long-stalled negotiations said Monday.

Daniel Pollack, the "special master" appointed by a US court to seek a compromise between Buenos Aires and the creditors, announced the talks following a "constructive" meeting Monday in New York with senior officials from newly elected Argentine President Mauricio Macri's administration.