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Brazil & Southern Cone - May 2016 (ISSN 1741-4431)
ARGENTINA POLITICS: Anti-dismissal bill marks Macri’s first defeat
In the first legislative setback of his five months in office, Argentina’s Mauricio Macri was defeated this month in the national congress after both chambers approved the so-called ‘anti-dismissal bill’ that proposes suspending all dismissals in the country for 180 days and granting double severance pay for those already laid off. Not to be deterred, Macri invited business leaders to the presidential palace to launch his own alternative to the proposal, including a 90-day freeze of firings, and subsequently issued his first presidential veto to the congressional bill, describing it as more “anti-jobs” than “anti-dismissal”.
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