MercoPress, en Español

Montevideo, February 27th 2025 - 01:24 UTC

Tag: Alejo Ramos Padilla

  • Wednesday, February 26th 2025 - 18:54 UTC

    Judge reverses Milei's decree turning BNA into a corporation

    Milei exceeded his authority when deciding on the BNA's fate after the matter had already been debated in Congress, the magistrate found

    Argentine Federal Judge Alejo Ramos Padilla issued an injunction against President Javier Milei's decree paving the way for the conversion of the state-owned Banco de la Nación Argentina (BNA or just “Banco Nación”) into a joint stock company because such a measure needed Congressional approval given that the bank's creation and structure fall under legislative authority.

    Add your comment!