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Bacchus4.0

(6,837 posts)
Fri Apr 17, 2015, 11:44 AM Apr 2015

A leading presidential candidate in Argentina would lift currency controls, negotiate debt

http://www.usnews.com/news/world/articles/2015/04/16/a-leading-candidate-in-argentina-would-overhaul-economy


BUENOS AIRES, Argentina (AP) — The man who could be Argentina's next president wants to put an end to tight government currency controls, make peace with the nation's creditors and improve severely frayed ties to the United States. In short, Mauricio Macri is promising to undo much of what President Cristina Fernandez and her late husband Nestor Kirchner created over the past 13 years.

It's a platform that appears to be gaining traction.

The right-leaning Buenos Aires mayor leads many polls ahead of the October elections. His popularity is buoyed by economic frustration and widespread anger over the mysterious death of federal prosecutor Alberto Nisman, who accused Fernandez of protecting those responsible for Argentina's most serious terror attack.


Macri believes pro-market reforms will restore confidence in Argentina, both at home and abroad. Those themes are resonating: A handful of polls conducted in March gave him single-digit leads, a big change from six months ago when he consistently came in third.

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