Macro Analysis /

Argentina: Kirchner faction officials present resignation, FPV faces coalition crisis

    15 September 2021
    • Four ministers and four other officials send Fernandez resignation letters to pressure Fernandez into full cabinet reshuffle
    • Fernandez can reject their resignation if he wants to keep the status quo
    • Kirchner faction is after EconMin Guzman, Fernandez is openly backing him to stay
    • Fernandez will have to decide whether to break with the Kirchner faction, make some concessions in hope of keeping the status quo or give up economic policy control