Vows Second-Term Jobs Focus Bloomberg
Volkswagen AG to increase their investments in the country andto manufacture more goods locally. , which fell to $46.4 billion on Dec. 7from $56.2 billion in January, to help pay its foreign debt. Central bank reserves are strong given that the country hasspent more than $40 billion of savings since 2009 paying offdebt and defending the peso, Fernandez said. Lowering thecountry?s debt burden has been worth the cost, the presidentsaid. Argentina?s debt before its 2001 default ?was a weightthat prevented us from growing, a weight that generated miseryand tragedy,? she said. ?Today other countries face the sameproblem and we see what is happening.? To contact the reporters on this story:Eliana Raszewski in

