A push by President Javier Milei’s administration to get Argentine banks “banking again” is losing momentum, as lenders are once again relying on government bonds for profit. This shift occurs amid a slowing economy and elevated delinquency rates that are impacting their traditional business operations. Earnings from government securities at commercial banks constituted approximately 56 … Read more
Market analysts concur that the Argentine economy is projected to expand at a rate significantly lower than previously anticipated in 2026, with numerous assessments indicating that the economy may already be experiencing a recession. Those conclusions arise from the September Market Expectations Survey (in Spanish, REM), a monthly poll conducted by the Central Bank. The … Read more
Flybondi has initiated insolvency proceedings after enduring a prolonged crisis that culminated in the airline’s total operational paralysis. The filing was completed last week, and the court responsible for adjudicating the matter was assigned on Monday. There remains an absence of resolution regarding the company’s future trajectory. The low-cost carrier has experienced a 57-day hiatus … Read more
At the outset of the year, Economy Minister Luis Caputo asserted on multiple occasions that Argentina would experience its “best 18 months” in “recent decades” during the period spanning May to June 2026. With only three months remaining until the conclusion of the year, that economic bonanza is, however, far from being reflected among the … Read more
German companies have maintained a foothold in Argentina since the mid-19th century, beginning with Siemens’ installation of a telegraph network along the railway. Over the years, their presence has expanded significantly, particularly in the automotive manufacturing sector with companies such as Volkswagen, BMW, and Audi, alongside notable advancements in chemicals and pharmaceuticals represented by Bayer … Read more
The recent “Argentina Week” held in Paris was characterised by a series of investment announcements and government initiatives aimed at attracting foreign capital. Announcements for investment projects in energy, mining, and the automotive industry totalled US$27 billion. It has been confirmed that the Final Investment Decision for Argentina LNG – the largest investment in the … Read more
On the concluding day of Argentina Week, the nation’s investment roadshow in Paris, Economy Minister Luis Caputo, accompanied by Cabinet Chief Diego Santilli, unveiled the initiation of Argentina’s Citizenship by Investment Program. “The initiative is part of the process of international opening and integration being promoted by Argentina, together with reforms aimed at strengthening the … Read more
Argentina ought to persist in its endeavours to stabilise the economy and foster growth; however, it is imperative that the advantages are also extended to the workforce, stated International Monetary Fund spokesperson Julie Kozack on Thursday. Kozack stated that Argentina had achieved “significant progress in restoring macroeconomic stability in a very challenging environment.” The official … Read more
Argentina’s issue is not a deficiency in growth potential but rather a deficiency in stability, stated BlackRock executive Pablo Goldberg during his address to business leaders at the IDEA Colloquium in Mar del Plata on Thursday. In a conversation with IDEA treasurer and Grupo Cohen managing partner Ana Cohen, Goldberg encapsulated the prevailing sentiment in … Read more
Argentina’s stock market is starting to reflect the economy’s uneven growth under President Javier Milei, with energy shares capitalising on elevated oil prices, while other sectors remain stagnant. The nation’s benchmark S&P Merval index is currently down nine percent in 2026 when measured in dollars, reflecting a cooling off from a rally that commenced in … Read more
