June 3, 2002 [LINK]

Argentina

The Argentine legislature finally passed laws that create stiffer criminal penalties for tax evasion and foreign currency export, thus satisfying one of the key requirements demanded by the IMF, which will now be much more likely to approve "rollover" loans. For the moment, the crisis has eased just slightly.

NOTE: This is a "post facto" blog post, taken from the pre-November 2004 archives.