Tag: Gabriel Torres Moodys

• Monday, May 16th 2016 - 07:25 UTC

  Argentina's economy grows 0.8% during first quarter says Central bank

  

  Argentina's economy grew 0.8% on the first quarter of the year compared to the same period last year, Central Bank Governor Federico Sturzenegger said, declaring that since President Mauricio Macri took office employment has remained “stable.”

• Friday, May 6th 2016 - 06:38 UTC

  Bad news for Macri: Moody's forecasts Argentine economy will shrink 1.5%

  

  Despite the Argentine government’s forecast of a much better economic scenario in the second half of the year, credit rating agency Moody’s disagrees, saying the economy is set to shrink by 1.5%, followed by a growing unemployment and an inflation rate well above 30%.