April 25, 2014
Wednesday, December 11, 2013

Capitanich says business leaders' role 'must be discussed'

After referring to the violent incidents and police protests that spread across several cities in the country over the past days, the cabinet chief called business leaders for "social responsibility."

With such remarks, Jorge Capitanich fired back at Techint CEO Paolo Rocca who has recently questioned the “big seize of the state” alluding to the government intervention in Argentina's economic affairs.

The head of ministers said private-sector entrepreneurs should not “speculate” and “make profit through others’ needs.”

“We complain about the price of goods but the state is not modifying rates, it is subsiding services with a great effort and industrials should value differential tariffs they have to reduce their costs,” Capitanich stated in his daily press conference at the government house.

“We need a patriotic attitude, those who have more are the ones who have to contribute more so that those who have less can live better,” the head of President Cristina Fernández de Kirchner’s ministerial team affirmed as he questioned “monopolizing prices and supply strategies that alter the chain value.”

In that sense, the minister ratified the government’s public spending policy to achieve social security goals which he described a priority of a “present state.”

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Tags:  Jorge Capitanich  business  Paolo Rocca  Techint  

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