Debt: A Time of Critical Decisions

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 points in the primaries).  In addition, Juntos por el Cambio (Macri’s coalition), won the provinces of Cordoba, Entre Ríos,  Santa Fe and Mendoza, consolidating itself as a strong opposition to the new administration and ensuring the Peronists will not have two thirds in either chamber of Congress, and hence limiting the possibility of approving constitutional changes or special laws.