MercoPress, en Español

Montevideo, November 17th 2018 - 04:40 UTC

Tag: Macri administration

  • Thursday, October 11th 2018 - 08:45 UTC

    Macri administration reverses latest cooking gas price increase following public outrage

    According to a decisive survey, some 75% of residents in the metropolitan area of Buenos Aires considered gas prices “too high or non-payable”

    Argentina will pay for unforeseen increases in the cost of cooking gas following public outrage and opposition in Congress to stymie the plan which would have seen consumers paying increased gas prices in 24 installments from January 2019.

  • Saturday, September 1st 2018 - 09:27 UTC

    S&P places Argentina credit ratings under review

    S&P cited the risk of worsening creditworthiness and exchange rate volatility as potential threats to the economic measures undertaken by Macri’s administration

    S&P said on Friday it may lower Argentina's long-term foreign currency rating from its current B+ grade, which is four notches below investment grade -- and on par with Turkey, Greece and Fiji. The ratings company cited the risk of worsening creditworthiness and exchange rate volatility as potential threats to the economic adjustment measures undertaken by Mauricio Macri’s administration.