A priority of Alberto Fernández’s administration is coming to an agreement on debt matters. Particularly, it is trying to give preferential treatment to the debt of Lecaps in pesos.
While Alberto Fernández won the Presidential election, as expected, the final results brought some relief to the Macri camp, especially because he lost by a much smaller margin than in the primaries (only eight percentage points compared with 17...
The new administration is moving very quickly to establish a new policy regime that addresses the main obstacles that have been affecting investing and growth.
Macri lost the primaries against Alberto Fernández by an unexpected difference of 15 points. The market reaction was very negative, with a significant depreciation of the peso and significant losses across all asset classes.
