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Griesa refrains from contempt charge against Argentina

© AFP | Argentina government attorneys Carmine Boccuzzi(C) and other lawyers arrive at the US Federal Courthouse on August 21, 2014 in New YorkArgentina government attorneys Carmine Boccuzzi(C) and other lawyers arrive at the US Federal Courthouse on August 21, 2014 in New York

US judge Thomas Griesa on Thursday branded Argentina's move to pay bondholders against his orders "illegal", but he held back from ruling the country in contempt of court.

He demanded that Argentina not carry out the new plan, aimed at evading his freeze on a June bond payment, but added that, "In my judgment, it does not add to the scales of settlement to make a finding of contempt."