Argentina cuts utilities subsidies to large companies and high-income households

Thursday, November 17th 2011 - 01:32 UTC

Full article 9 comments

Argentina announced Wednesday a further adjustment to its extended public utilities (electricity, water and gas) subsidies policy and this time the cuts will apply to large companies and high income households. Read full article

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briton
be carefull, we dont want to upset anyone,
but it seems things are getting worse, things just aint working out,
and we all know what happens to unstable countries , that try to hide their problems , dont we,[ now what year was it]
the last time one tried to cover up its problems.

justa thought
Nov 17th, 2011 - 01:48 am - Link - Report abuse 0
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Beef
Hmmmm, subsidies in the run up to an election and then they are taken away afterwards. Is this what is called democracy?
Nov 17th, 2011 - 07:42 am - Link - Report abuse 0
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yankeeboy
It's predicted that in the “wealthier” areas gas and light bills will go up 300-400%! I wonder if INDEC will include those increases in Jan inflation #s?
Nov 17th, 2011 - 12:52 pm - Link - Report abuse 0
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xbarilox
why Cristina didn't do this before the elections? :)
Nov 17th, 2011 - 05:46 pm - Link - Report abuse 0
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Beef
Hmmmmm, a gvt that tries to limit its citizens' ability to exchange the Argentine Peso into another, a gvt that prevents its own currency being transferred and exchanged by regional neigbours and now one that cuts pre-election subsidies.

To those imbeciles that kept raving about the strength of the Argentine economy, it looks like you have been taken for a ride by your political elite.
Nov 17th, 2011 - 06:10 pm - Link - Report abuse 0
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briton
but what next can she cut back.
Nov 17th, 2011 - 07:02 pm - Link - Report abuse 0
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O gara
u boys protest so much, the desperation to see Argentina collapse is getting pathetic.
Nov 18th, 2011 - 07:01 am - Link - Report abuse 0
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ElaineB
This is a board for discussing the news articles produced by Mercopress. Free and open discussion, disparate points of view and criticism are the fuel of a good debate. I don't understand the mentality of “you agree with us or you are our enemy” which is how children argue.

It is never a good idea to take messageboard discussions personally or throw personal insults around.
Nov 18th, 2011 - 01:23 pm - Link - Report abuse 0
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briton
Absolutely agree
Argentina cuts utilities subsidies
Did he not yesterday criticise the UK .
The argentine people I think, would love to debate the reversal if they could,
But she is doing what she thinks is right, you voted for her,
Thus you will have to see this through to the end, and see how it turns out.
.
Nov 18th, 2011 - 08:01 pm - Link - Report abuse 0
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