Argentina's President-elect Alberto Fernandez and outgoing leader Mauricio ...
BUENOS AIRES - Argentina’s President-elect Alberto Fernandez and outgoing leader Mauricio Macri met on Monday to find a way to smooth the tricky political transition with the left-leaning Peronists set to return to the presidential palace in December.
How Macri and Fernandez work together over the next few weeks ahead of the new government taking over on Dec. 10 will be key. Argentina is set for talks with creditors over $100 billion in debts, reserves are dwindling and inflation is sky-high. The president-elect faces a major challenge to revive Argentina’s economy, mired in recession for much of the last year, while fending off a rising mountain of debt payments amid concerns the country may be forced into a damaging default.
The Argentine peso was around 1% stronger on Monday, while trade in the black market was volatile, with the price jumping around after the central bank tightened controls on currency purchases in the early hours of the morning.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Argentine president elect faces full in-tray of economic woesArgentina's President-elect Fernandez faces full in-tray of economic woes by ElianaRas
Lire la suite »
Argentina's center-left Peronists celebrate return to powerArgentina's Peronists are celebrating their return to power after incumbent President Mauricio Macri conceded defeat in a dramatic election that likely swung the country back to the center-left and threatened to rattle financial markets.
Lire la suite »
Comeback queen: Argentina's fiery 'Cristina' stages remarkable return as VPArgentina's former president Cristina Fernandez de Kirchner, a rockstar pol...
Lire la suite »
Left's win in Argentina strains ties with Brazil, deepens split in LatamThe election of leftist Alberto Fernandez in Argentina, who Brazil's right-...
Lire la suite »
Argentina's bonds fall after leftists sweep to power in presidential electionThe victory for Fernandez comes as the country is facing a debt crunch, after the worst rout of the country's stock market in decades.
Lire la suite »
Argentina’s Alberto Fernández Leads Results of Presidential Vote With 47.2% SupportOpposition candidate Alberto Fernández leads Argentina’s presidential election with 47.2% support, the country’s election authority said
Lire la suite »