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Thousands of Argentinians protest against reforms by new President Milei

Thousands of people have taken to the streets in Argentina in protest against the far-reaching economic reforms of its new president, Javier Milei. In the capital Buenos Aires on Wednesday, demonstrators called on the judiciary to declare a decree for comprehensive deregulation of the economy...

Demonstrators in Buenos Aires.aussiedlerbote.de
Demonstrators in Buenos Aires.aussiedlerbote.de

Thousands of Argentinians protest against reforms by new President Milei

"We are not questioning the legitimacy of President Milei, but we want him to respect the separation of powers," emphasized Gerardo Martínez, chairman of the construction union. The decree destroys all labor rights, added 45-year-old teacher Martin Lucero.

The decree launched by right-wing populist Milei provides for 350 existing laws to be amended or abolished, including in rental and labor law. Other aspects include the end of automatic pension increases, the removal of some employee protection provisions and the repeal of laws to protect against abusive price increases. In order to reduce government spending, 7,000 public sector jobs are also to be cut.

If Congress approves the plan, the decree will come into force on Friday. However, Milei's radical right-wing party La Libertad Avanza is in the minority in both chambers of Congress, with only 40 out of 257 deputies and seven out of 72 senators. However, both the Chamber of Deputies and the Senate would have to reject the decree in order to block the reforms.

Elected in November, Milei promised the highly indebted country "shock therapy" when he took office on December 10. The 53-year-old political novice has taken over Latin America's third-largest economy in the midst of a severe economic crisis: Inflation has risen to more than 160 percent and more than 40 percent of the population live in poverty.

Read also:

  1. Despite being a new President in Argentina, Milei is facing protests from thousands of Argentinians due to his economic reforms.
  2. As a result of the reforms, the decree launched by Milei seeks to amend or abolish 350 existing laws, including those in rental and labor law.
  3. Martin Lucero, a 45-year-old teacher from Buenos Aires, criticized the decree, stating that it destroys all labor rights.
  4. The Argentinian President, Milei, is a political novice who took office amidst a severe economic crisis, with inflation over 160% and over 40% of the population living in poverty.
  5. Gerardo Martínez, the chairman of the construction union, emphasized that while they do not question Milei's legitimacy, they want him to respect the separation of powers.
  6. Milei's party, La Libertad Avanza, is in the minority in both chambers of Congress, making it challenging to pass the reforms without opposition from other parties.
  7. Protests against the economic reforms by President Milei continue to be a pressing issue in Argentina, with calls for justice and respect for workers' rights from various sectors of society.

Source: www.stern.de

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