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Montevideo, December 23rd 2024 - 14:15 UTC

Tag: Carlos De la Vega CAC

  • Thursday, December 24th 2015 - 10:34 UTC

    Argentina begins round of negotiations on prices; unions demanding bonus to counter inflation

    Macri ministers met with the top representatives of the Argentine Chamber of Commerce (CAC) and representatives from medium-sized companies

    The Argentine government of president Mauricio Macri started a round of negotiations with big price setters as part of its bid to keep prices under control despite the recent devaluation of the peso. Domestic Trade Secretary Miguel Braun and Central Bank Governor Federico Sturzenegger met with the top representatives of the Argentine Chamber of Commerce (CAC) and representatives from medium-sized companies, who asked for cheap credit in exchange for the government’s goal of keeping prices in check.