MercoPress. South Atlantic News Agency
Argentine opposition describes budget bill as “inconsistent and false”
The Argentine opposition strongly criticized the budget bill sent to Congress and questioned the real growth of the economy during the current year, wondering who are the real holders of sovereign bonds tied to GDP growth maturing later this year. Read full article
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Disclaimer & comment rulesWhen it comes to economics within Argentina, Lozano and Prat Gay are possibly two of the most intelligent people in the country.
Sep 22nd, 2012 - 03:07 pm - Link - Report abuse 0What ! Christina telling porkies ?
Sep 22nd, 2012 - 04:07 pm - Link - Report abuse 0The extra money is to support YPF, right?
Sep 22nd, 2012 - 07:17 pm - Link - Report abuse 0It is probably earmarked for her next election campaign.
Sep 22nd, 2012 - 11:40 pm - Link - Report abuse 0Who owns the GDP Coupons?
Sep 23rd, 2012 - 04:47 pm - Link - Report abuse 0Guess who.
The poor?
The middle class?
The Ameroindians?
or ...
surprise surprise?
Sep 23rd, 2012 - 05:31 pm - Link - Report abuse 02 brucey-babe
Sep 23rd, 2012 - 06:42 pm - Link - Report abuse 0How dare you even think such thoughts!!!! We all know that KFC and her government only has their own.... I mean the peoples interests at heart..... She would never, ever, ever deliberately run the country into the ground, steal from her loyal voters and mislead parliment....
Hang on a minute, what have I just said?? :-)
The Binnerite FAP should really look to returning to the transveral alliance with Cristina, rather than helping the right
Sep 24th, 2012 - 01:45 pm - Link - Report abuse 0Argentina: Supermarket consumption projected to grow by 5%
Sep 24th, 2012 - 10:17 pm - Link - Report abuse 0Mass consumption of foods, beverages and toiletry products in the supermarket channel will grow 5% this year, predicted industry sources.
“In volume, the increased consumption from supermarkets this year will be 5%” compared with 2011, said Daniel Fernandez Carrefour network president.
“Retail is very competitive. Costs are stable if there is no reason to raise prices,” said Fernandez to the press when asked about the request made yesterday by President Cristina Fernandez de Kirchner to entrepreneurs for more investment and price stability after announcing an increase in universal allocations.
He added that consumption is good. “Prices are not moving up and down. The issue is the cost, where we must seek additional efficiencies.”
On another note, he said the supermarket covers a third of retail sales in Argentina, which determines that is has potential for growth and expansion, the reason why it is penetrating the market with new formats.
He said that even “in Brazil and Colombia, the development of the sector is greater”.
On the supply of low-cost food, Fernandez explained that “our responsibility is to try to encourage access to consumption.
”This option exists since 2009 and we have been changing every 15 days through various menus. Ther are 40 products, 10 of which have subsidized prices through the chain,” he explained.
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