Germany hopeful Argentine economy will stabilize after IMF deal

Germany welcomes a financing deal between Argentina and the International Monetary Fund (IMF) and hopes the two sides will find solutions to stabilise the economic situation in the South American country, a foreign ministry spokeswoman said on Friday.

"Argentina and the IMF are holding constructive talks. We assume that the IMF and Argentina will find good solutions," the spokeswoman said during a regular government news conference.