Handover between Mauricio Macri and Alberto Fernández who took office in the Casa Rosada thus becoming the seventh democratic president of Argentina since the end of the dictatorship. After Fernández was sworn in as vice president also Cristina Fernández de Kirchner, considered the real winner of the last elections. Kirchner managed to return to power and save herself from the 13 corruption trials hanging over her head. In fact, as vice president you will enjoy immunity, but you will also be able to count on the support of the new president who has already announced his intention to ask for the proceedings to be reviewed, which he considers a "political-judicial persecution".
From today, the eyes of the international community are resting on Fernández, not only to understand if he will really succeed in being an autonomous and independent president, but above all to see what countermeasures he will undertake to try to revive the fate of a nation on its last legs.
The main economic indicators tell of a very harsh reality: the country has inflation above 55%, poverty is over 40%, unemployment 10,1%. To make matters worse, Argentina owes $57 billion to the International Monetary Fund which the new president has de facto defined as irrecoverable.
Last November 26, in an interview with "Radio con Vos" Fernández made it known that he will not ask the International Monetary Fund to disburse the 11 billion dollars remaining on the 'stand-by' loan obtained in 2018. In his settlement speech , held on 10 December, the Peronist leader returned to the issue, placing heavy blame on his predecessor, Mauricio Macri, and reiterating his intention to renegotiate debts contracted with creditors, however giving priority to the country's growth: “There are no sustainable debts if the country does not grow. It's simple: in order to be able to pay, we have to grow – said the president -. We will seek to build a constructive relationship with the IMF and with our creditors. The country intends to pay its debts, but is currently unable to do so".
Then the attack on the former president: “The outgoing government contracted a huge debt without increasing production, a condition that would have been essential in order to get the money to repay it. Lenders took on an immense risk by investing in a model that has failed multiple times around the world. We intend to solve the problem and, to do so, we ask everyone to work responsibly".
