December 11, 2013
Ratazzi says 'Presidents must leave office once terms end'
Deputy Chairman of the Argentine Industrial Union (UIA) Cristiano Ratazzi commented on the government’s economic agenda and considered President Cristina Fernández de Kirchner “should leave office once her term ends.” Ratazzi called it the “anti-Chávez rules of democracy.”
“After an aggressive time, I think the President has now a more contemporizing spirit. When someone is elected to rule a country, he/she must leave when the term is over. That is the rule of democracy, the anti-Chavism, let’s call it,” Ratazzi said in an interview with a local radio station.
The also head of the Fiat automobile company in Argentina also analyzed inflation –that private sector analysts estimate at 25 percent- saying there are “huge price disparities.” “There is a lot to do and it is useless to blame inflation on others,” Ratazzi affirmed and added that rise in price and goods is a “general problem of the economic organization.”
Regarding the US dollar rates and the government’s tightening controls on the foreign exchange market, the UIA representative said Argentine manufacturers need greenbacks to reach "higher rates" in order to “export more and import less.” “A sole dollar rate is much healthier for the economy,” Ratazzi insisted.
During the celebrations of the Industry Day earlier this week, the business leader had said a “devaluation” was dangerous and called for a tax reform.