News of austerity cuts

Sluggish economy is testing Milei’s spending cuts

26-03-2026 13:25 Eighteen months out from the next presidential election, every additional peso of austerity is more socially and politically expensive for President Javier Milei.

SPORT CLUBS

Milei's 'chainsaw' austerity slashes through sports clubs

01-09-2025 17:33 National club survey consulting 325 institutions from all of Argentina's provinces highlights the paradox affecting Argentine sport: more social demand and fewer resources. Táctica’s research shows four out of ten clubs are worse off than in 2023.

LAY-OFFS: WHERE AUSTERITY HITS

Correo Argentino, ARCA, Trenes Argentinos top redundancy rankings

15-07-2025 11:06 President Javier Milei put deregulation tsar Federico Sturzenegger in charge of cuts across state agencies. The official left almost no area untouched – among state-owned companies, Correo Argentino saw the highest number of lay-offs, with 4,945 jobs cut.

VIOLENT PROTEST

Journalist in critical condition after violent anti-Milei protest

13-03-2025 14:48 Police have released 114 of the 124 individuals arrested at Wednesday's pensioners protest outside Congress; Severely injured photojournalist Pablo Grillo recovers from a "life-saving" surgery after being shot by a projectile in the head.

ECONOMIC INDICATORS

Argentina posts fiscal surplus after Milei’s budget cuts

17-01-2025 18:49 President Javier Milei made good on his promise to deliver a fiscal surplus in his first year, achieving a feat not seen in over a decade in Argentina’s deficit-prone economy.

Marcha Federal Universitaria

Milei vetoes law despite huge march in support of state universities

03-10-2024 01:09 President Javier Milei has made good on threats to veto proposed increases to university funding, with the measure made official early Thursday after a day of major student-led protests.

Marcha federal universitaria

Milei faces fresh protest in Argentina over cuts to universities

02-10-2024 22:31 Public university staff and students take to streets to protest against Milei’s forthcoming veto of a bill that would raise salaries to compensate for sky-high inflation.

POLITICS & ECONOMY

President targets rivals as he confirms he will veto university law

02-10-2024 20:22 President responds to mass demonstration in favour of state universities by confirming he will veto new law; Head of state ramps up rhetoric, namechecking rivals and accusing them of forming “new populist left front.”

BLOOMBERG – FEATURE

Rich investors cheer Milei as Argentines bear brunt of austerity

24-05-2024 14:48 Amid Wall Street and investor optimism, critics are questioning how long Javier Milei's spending cuts can be sustained without permanently damaging the economy or fraying the social fabric.