'Argentine economy shows higher figures than any European country,' De Mendiguren says

José Ignacio De Mendiguren, head of the UIA Argentine Industrial Union, mentioned that the Argentine economy is better “than any European country,” and assured that in Europe “they see our economy as a growing market.”

“Argentina has macroeconomic figures that are far higher than any European country, presenting an economic growth rate of above 7%. Also the country forms part of a region that has a promising future,” affirmed the businessman.

During a radio interview from Rome, De Mendiguren, who forms part of the team accompanying President Cristina Fernández de Kirchner on her Italian visit, assured that the European outlook is “very disconcerting.”

“The European economy shows very little growth, as some countries have structures which are in crisis, and that are very complicated – apart from France and Germany,” the businessman said.

He then considered that Europe “today looks at us differently. They look at us as a growing market with lots of small companies.”