Along with the publication of more accurate data on inflation, the Argentine government’s most significant economic decision over the past month has been the relaxation of some currency controls and the managed devaluation of the peso. In the same vein, the new economy minister, Axel Kicillof, has restarted negotiations to settle Argentina’s long overdue US$6.5bn debt with the Paris Club of creditor nations and, separately, to compensate the Spanish oil giant Repsol for the expropriation of its Argentine assets in 2012. Such measures may be enough to allow President Cristina Fernández to hobble through to the end of her term of office with no major social crisis.End of preview - This article contains approximately 722 words.
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