Malvinas push and opposition pressure force Argentine government to rethink strategy in Congress
Translated from Spanish and summarized by DistantNews. Read the original for the full story.
At a glance
- Argentina’s political leadership is regrouping after President Javier Milei’s Malvinas announcement, while the government faces possible defeats in the lower house over debt relief and disability-emergency legislation.
- Defence Minister Carlos Presti and Foreign Minister Pablo Quirno joined the meeting as officials sought to link a planned Ushuaia naval base to the 2027 budget debate.
- Opposition parties are forming a new majority in the Chamber of Deputies, while polling on Milei’s Malvinas move shows sharply different reactions and declining online attention.
The Argentine government is trying to capitalize on Javier Milei’s renewed focus on the Malvinas while bracing for a possible defeat in the Chamber of Deputies over two urgent measures: relief for debtors and an extension of the disability emergency.
The government’s political table met at the Casa Rosada from 1 p.m., with Defence Minister Carlos Presti and Foreign Minister Pablo Quirno joining the group led by Karina Milei. Presti is expected to become the public face of financing for a naval base in Ushuaia. Government officials said the project would not require U.S. resources and instead could help support the administration’s 2027 budget discussion, which it must present to Congress next Tuesday.
Quirno instructed Treasury solicitor Sebastián Amerio to file complaints against the two oil companies operating on the Malvinas platform. He also moved to defend businessman Eduardo Elsztain, who owns 2% of Falkland Company, the islands’ dominant logistics operator.
Everything is going according to plan
Santiago Caputo, who wrote the speech Milei delivered in a national broadcast, celebrated a poll shared on social media by Clarín. It showed 81% of participants supporting the president’s handling of the Malvinas issue. “Everything is going according to plan,” Caputo wrote on X. Other surveys pointed in a different direction. Management & Fit found that six in 10 respondents viewed Milei’s move as opportunistic, with support tied to broader approval or rejection of his government. Ad Hoc reported that online mentions of Malvinas fell 78% on Monday compared with Friday.
In Congress, the government expects a significant setback that could unsettle the recent decline in country risk. A new opposition majority is beginning to work together in the lower house. Luis Caputo, who missed the previous political-table meeting while attending the G20 finance ministers’ summit, has given the Central Bank greater capacity to contain the dollar. Ministers and industrialists are also pressing the bank to act, particularly to help debtors struggling to pay.
The BCRA has to act
Originally published by Clarín in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.