Wednesday
October 1, 2014
Results for: capitanich
  • 01/10/2014 | Argentina

    Government threatens 'speculators' with sanctions

    Following president Cristina Fernández de Kirchner’s claims of “suspicious movements” involving the dollar informal rates yesterday, cabinet chief Jorge Capitanich warned against those who “engage in illegal or speculative actions” saying they must be identified and sanctioned.

  • 30/09/2014 | Argentina

    Capitanich slams opposition lawmakers for code reform injunctions

    Cabinet chief Jorge Capitanich described opposition lawmakers' decision to file injunctions against the Civil and Commercial Code bill to be discussed tomorrow in Congress as “regrettable” and “contrary to the foundations of the republican system.”

  • 01/10/2014 | Argentina

    'We make the US responsible for the actions of its powers'

    Cabinet chief Jorge Capitanich reiterated the government’s claim for the US government to take responsibility for the actions of its judicial branch in Argentina's longstanding legal battle against its holdout creditors.

  • 01/10/2014 | Argentina

    Capitanich defends Code reform to be discussed at Lower House

    As the Lower House of Congress is set to begin the debate on the bill to reform the country’s  Civil and Commercial Code today, cabinet chief Jorge Capitanich defended the bill and denounced “media operations” that “lie”, “misinterpret” the project.

  • 29/09/2014 | Argentina

    Gov’t works on criminal law reform to fight ‘blue’ dollar

    The government is pushing a reform in the criminal foreign exchange regime to battle underground exchange houses operations (known as cuevas), said Carlos Gonella, head of the Office of Economic Crime and Money-Laundering (PROCELAC).

  • 29/09/2014 | Argentina

    Capitanich rebukes grain exporters' 'selfish attitudes'

    Cabinet chief Jorge Capitanich harshly criticized grain exporters and the leaders of the Argentinean agricultural sector for “having selfish attitudes” by hoarding grains and not selling months ago.

  • 30/09/2014 | Argentina

    Gov’t says Griesa contempt order 'baseless, has no impact’

    Cabinet chief Jorge Capitanich said that US judge Thomas Griesa’s decision to hold Argentina in contempt of court in the country’s longstanding legal battle against its holdout creditors is “baseless” and has “no impact” in the national economy.

  • 25/09/2014 | Argentina

    Capitanich slams businessmen, bankers for 'seeking to evade gov't control, supervision'

    Cabinet chief Jorge Capitanich rejected claims of currency restrictions in import/export operations and accused “some businessmen and bankers” of "seeking to evade the government’s control and supervision, jeopardizing the quality of life of the Argentine people.”

  • 26/09/2014 | Argentina

    Capitanich blasts opposition analysts for "creating debt which we all have to pay'

    Cabinet Chief Jorge Capitanich came on stage today to blast opposition analysts who criticize the national government for the economic situation and accused them of having led the country to a debt status.

  • 29/09/2014 | Argentina

    Capitanich praises 'active policies to sustain consumption, employment levels’

    Cabinet chief Jorge Capitanich defended government policies aimed at “sustaining domestic demand and public investment as a driving force for economic growth and employment level” in a complex international scenario.

  • 24/09/2014 | Argentina

    Capitanich aims at G6 group for constitutionality challenge of anti-hoarding law

    Cabinet chief Jorge Capitanich harshly criticized the so called G6 group of Argentina’s top business leaders who have expressed its intention to challenge the constitutionality of the recently passed anti-hoarding law sponsored by the Executive. “It makes no sense,” he said.

  • 24/09/2014 | Argentina

    Gov't fires back at ATFA, Germany's Finance Minister over debt battle

    Cabinet chief Jorge Capitanich said that “Germany has always had a hostile stance against Argentina” on the country’s battle against its holdout creditors. He fired back at the latest ad published by the American Task Force Argentina (ATFA) that quoted German Finance Minister Wolfgang Schauble who had described Argentina as “an example of lack of solidity” last month.

  • 25/09/2014 | Argentina

    Gov't denies encouraging importers to buy US dollars in parallel market

    Following a new record high of the so called “blue” dollar -that closed at 15.95 pesos yesterday-, cabinet chief Jorge Capitanich dismissed rumours that the government is encouraging importers to buy foreign currency in the parallel market. "It is a lie, a baseless rumour," he said.

  • 23/09/2014 | Argentina

    Gov't insists on the need of allowing payment ahead of Griesa hearing

    Cabinet chief Jorge Capitanich refused to make further comments on the new hearing called by US Judge Thomas Griesa for Friday but considered “fair and necessary” that the magistrate allows payment on Argentine bonds under local legislation.

  • 23/09/2014 | Argentina

    Gov’t calls for oil investments, says country is in ‘transition stage’

    Cabinet chief Jorge Capitanich explained that the country currently imports u$s 12 billion dollars in energy but said that “strenuous efforts” are being made to increase local oil production and urged private companies to raise investment levels.

  • 24/09/2014 | Argentina

    Gov’t says 'blue' dollar climbs 'do not relate to macroeconomic perspectives'

    After the informal rate advanced 27 cents yesterday, following a week of sharp climbs, cabinet chief Jorge Capitanich aimed at speculators and stressed that the so called “blue” dollar “cannot be taken as a reference for any transaction because it does not relate to (the country’s) macroeconomic perspectives.”

  • 18/09/2014 | Argentina

    'G-6 resists defence of SMEs'

    Following the congressional approval of the anti-hoarding bill, Cabinet Chief Jorge Capitanich praised the reform of the previous legislation and dismissed criticism by industrial groups.

  • 18/09/2014 | Argentina

    Central Bank denies ‘currency restrictions’

    Argentina’s Central Bank denied any "currency restrictions," in response to American Airlines’ alleged reason to limit local availability of tickets.

  • 22/09/2014 | Argentina

    ‘Citibank must honour its obligations’

    Cabinet chief Jorge Capitanich urged Citibank to “honour its obligations to transfer funds to (Argentina’s) bondholders" following the New York's Second Circuit Appeals Court dismissal of an appeal by Citigroup and Argentina that sought to overturn US Judge Thomas Griesa’s order blocking payment.

  • 17/09/2014 | Argentina

    Gov't defends anti-hoarding law against 'shameless liars'

    Ahead of Congressional approval of the Anti-Hoarding law, cabinet chief Jorge Capitanich defended the bill in his daily press briefing saying it “seeks to protect small and medium-sized businesses, and consumers.” He harshly criticised “those who lie shamelessly” by arguing it would deter investments.

  • 18/09/2014 | Argentina

    Gov't denounces 'speculative attacks' after AA's ticket sales restriction

    Cabinet chief Jorge Capitanich described American Airlines’ decision to restrict ticket sales to and from Buenos Aires city to 90 days as an “speculative attacks against the country”. The US airline alleged difficulties in the currency exchange market to apply restrictions in its operations in Argentina.

  • 18/09/2014 | Argentina

    Capitanich takes aim at banks for 'illegal' dollar operations

    The government reiterated its accusations against vulture funds for this week’s ‘blue’ dollar record climb and slammed national and foreign banks for “fueling” operations in the illegal currency exchange market.

  • 16/09/2014 | Argentina

    Capitanich says Máximo’s speech not 'reelection strategy'

    Cabinet chief Jorge Capitanich praised once again the first on-stage appearance of the president’s son, Máximo Kirchner, who spoke at a rally on Saturday, and stressed that his remarks were not aimed at encouraging a constitutional reform to allow Ms. Kirchner to be reelected.

  • 16/09/2014 | Argentina

    'Argentina heading towards solid long-term scenario'

    Following the submission of the 2015 Budget bill to Congress, cabinet chief Jorge Capitanich reiterated the government’s optimism for next year’s economic outlook . “Argentina is heading towards a very solid medium and long-term scenario,” he stressed.

  • 17/09/2014 | Argentina

    No official US response after Sullivan diplomatic row - Capitanich

    Cabinet chief Jorge Capitanich said there has been no formal response from the US government following Argentina’s dispute with interim ambassador in Buenos Aires Kevin Sullivan over an alleged “intrusion into domestic affairs”.

  • 15/09/2014 | Argentina

    Gov’t bashes ‘those who announce catastrophes’ for ‘actively seeking a coup’

    Following a series of remarks by opposition union leaders and politicians warning about the risk of major social outbreak in December, cabinet chief Jorge Capitanich accused them of “actively seeking a coup” and of committing a “public offence” for which they should be judged.

  • 15/09/2014 | Argentina

    2015 Budget foresees 2.8% growth, 15.6% inflation, dollar worth 9.45 pesos

    The government also forecast export incomes worth 82.42 billion dollars for the coming year, compared to 73.22 billion dollars in imports which would set Argentina's trade surplus at US$9.2bn.

  • 16/09/2014 | Argentina

    Gov’t slams US Sullivan's 'unfortunate, incorrect' comments

    Cabinet chief Jorge Capitanich said that US interim ambassador in Buenos Aires Kevin Sullivan has been summoned by Foreign Minister Héctor Timerman following his remarks about the country needing “to exit default as soon as possible” in an interview published on Monday .

  • 10/09/2014 | Argentina

    Gov’t denounces 'strategy to distort' its actions

    Cabinet chief Jorge Capitanich accused opposition politicians and analysts of carrying out a “strategy to distort the government’s efforts and achievements,” in response to a report by the UCA Argentina Catholic University’s Social Debt Observatory that said that 42.6% of Buenos Aires Province youth live in poverty.

  • 11/09/2014 | Argentina

    'Those who voted against favour vulture funds'

    Cabinet chief Jorge Capitanich celebrated that the government’s new debt swap plan became a law and bashed opposition lawmakers who voted against the Executive’s bill saying they “respond to a strategy designed by vulture funds.’

  • 15/09/2014 | Argentina

    'Máximo is a leader with great political skills’

    Cabinet chief Jorge Capitanich has joined the list of government leaders to praise the first on-stage appearance of Máximo Kirchner, the president’s son. “(Máximo) is a leader with great political skills, I hope he takes an active part (in politics) from now on,” the chief of ministers said.

  • 09/09/2014 | Argentina

    Capitanich on Macri's pledges: 'He wants a country for only a few'

    Cabinet chief Jorge Capitanich criticized BA City mayor Mauricio Macri’s recent campaign pledges -to remove export taxes and lower inflation- saying they are “demagogic" and "lacking of foundation.” He warned that PRO party’s proposals entail “social exclusion” and “a country for only a few.”

  • 09/09/2014 | Argentina

    Gov’t warns aeronautical unions against taking 'irrational measures'

    As several aeronautical unions threaten Aerolíneas Argentinas with going on a strike if wage negotiations are not reopened, cabinet chief Jorge Capitanich praised Mariano Recalde’s management as head of the flag carrier and warned workers against “irrational measures.”

  • 10/09/2014 | Argentina

    Capitanich calls lawmakers to 'vote for the country' on debt swap bill

    As the Lower House is set to pass the new debt swap bill, cabinet chief Jorge Capitanich highlighted the broad support Argentina received at the United Nation’s General Assembly for a legal framework for sovereign debt restructuring processes, and urged opposition lawmakers to show the same support for the government.

  • 08/09/2014 | Argentina

    'Argentine economy is predictable, creates certainty'

    Cabinet Chief Jorge Capitanich referred to the currency swap agreement with China as the two countries begin discussions to activate the deal and praised Argentina’s economic “predictability.”

  • 08/09/2014 | Argentina

    Gov’t on auto crisis: ‘Suspension levels substantially lower than in 2009’

    Ahead of a meeting between president Cristina Fernández de Kirchner and automobile industry leaders to discuss the suspension of workers and the drop in sales, cabinet chief Jorge Capitanich pointed out that the “level of suspensions is substantially lower than in 2009” and praised the government’s efforts to handle the industry’s crisis.

  • 09/09/2014 | Argentina

    'Alleged currency restrictions cannot be used as excuse to create uncertainty'

    Following a meeting between president Cristina Fernández de Kirchner and auto industry leaders yesterday, Cabinet Chief Jorge Capitanich ratified that further talks will be held separately with company representatives and urged business leaders to work towards a “cooperative system”.

  • 02/09/2014 | Argentina

    Capitanich to brief the Lower House tomorrow

    Cabinet Chief Jorge Capitanich will attend the Congress’ Lower House tomorrow to brief lawmakers on the federal government’s actions, in compliance with article 101 of the National Constitution.

  • 08/09/2014 | Argentina

    Gov’t denies changes in Central Bank’s Charter

    Cabinet Chief Jorge Capitanich said “there are no plans to reform the Central Bank’s Charter” in the Executive's 2015 Budget bill which will be sent to Congress next week.

  • 08/09/2014 | Argentina

    Capitanich plays down dollar for savings record

    After the US dollar purchases for savings reached a record high of almost US$260 million in August, Cabinet Chief Jorge Capitanich minimized the surge in US dollars demand saying the “number of approvals (from AFIP tax bureau office) has decreased substantially” after an initial climb.

  • 01/09/2014 | Argentina

    Capitanich insists on stay claim

    Cabinet Chief Jorge Capitanich reiterated Argentina’s demand for a stay to US Judge Thomas Griesa in the dispute against its holdout creditors. “When we think of a simple, easy solution, it is up to Judge Griesa. It is to issue a stay until the first trimester of 2015,” he stated.

  • 02/09/2014 | Argentina

    Gov't says fuel prices 'to be maintained in 2014' after 4% hike

    Cabinet Chief Jorge Capitanich referred to the 4% increase in fuel prices by state-controlled energy firm YPF, the seventh hike this year. The official stated that the companies will most likely “maintain current prices during the course of the year.”

  • 02/09/2014 | Argentina

    Capitanich rejects immigration law reform

    Cabinet Chief Jorge Capitanich dismissed any reform on Argentine immigration law, following the support expressed by different political leaders to Security Secretary Sergio Berni’s call for “legal tools” to expell foreigners who commit crimes.

  • 28/08/2014 | Argentina

    Opposition leaders, gov’t officials, businessmen gather at Council of Americas conference

    The Council of Americas 11° conference in Buenos Aires City gathered government officials, opposition leaders with presidential ambitions and businessmen at the exclusive Alvear Palace Hotel to discuss the country’s political and economic situation.

  • 01/09/2014 | Argentina

    Gov’t plays down monetary base growth's impact on inflation

    Cabinet Chief Jorge Capitanich adressed the warnings issued by different analysts about the government’s record monetary base expansion in August. He dismissed a negative impact on inflation rates saying “analyst’s forecasts will not necessarily happen.”

  • 01/09/2014 | Argentina

    Gov't to respond to Judge Servini's request, Capitanich says

    Cabinet Chief Jorge Capitanich said that “Secretary General to the Presidency Oscar Parrilli is working on a report for Federal Judge María Servini de Cubría,” following the magistrate’s warning of a raid at government house if she did not receive the information she requested in her investigation into drug trafficking.

  • 27/08/2014 | Argentina

    Gov't vows to 'monitor' RR Donnelley bankruptcy to guarantee jobs

    Cabinet chief Jorge Capitanich referred to the situation of bankrupted RR Donnelley printing firm workers and pledged the “necessary monitoring” to guarantee the sources of work.

  • 28/08/2014 | Argentina

    Gov't bashes picket protesters for 'supporting those who earn most'

    Amid a 36-hour protest by anti-government CTA labour union lead by Pablo Micheli and left-wing groups and as the national 24-hour strike called by anti-government CGT Union unfolds, cabinet chief Jorge Capitanich criticized MST and Labour Party leftist groups for “supporting those who earn most.”

  • 28/08/2014 | Argentina

    'They seek a devaluation that is obviously not going to happen'

    After the informal rate hit a new record mark of 14.38 pesos yesterday, cabinet chief Jorge Capitanich dennounced “continous speculative attacks” from vulture funds that operate in the parallel market “seeking to cause a devaluation that is obviously not going to happen.”

  • 26/08/2014 | Argentina

    Gov’t denies interference in UTA, scolds opposition unions

    Ahead of the national strike called by the anti-government splinter of CGT and CTA umbrella unions for Thursday, Cabinet Chief Jorge Capitanich denied any official interference in UTA Transport Union -which is yet to determine whether it joins the walk-out- and scolded opposition unions.

  • 27/08/2014 | Argentina

    Gov't on Thursday's strike: ‘Pickets are a sign of weakness’

    Ahead of the national strike called by anti-government splinters of the CGT and CTA labour groups, the cabinet chief said the walkout is “political” and that unions end up playing vulture funds' game.

  • 27/08/2014 | Argentina

    Capitanich: 'Argentina is under speculative attack'

    After the US dollar informal rate broke a new record yesterday, advancing 22 cents to 14.20 pesos, the cabinet chief accused vulture funds of “speculative attacks against the (peso) currency” to “systematically erode the government’s credibility and trust.”

  • 25/08/2014 | Argentina

    Gov't denies China blocks loans because of default

    Cabinet Chief Jorge Capitanich rejected media reports that China is demanding Argentina to get out of default before it approves infrastructure credits to finance dam projects in the Santa Cruz province.

  • 26/08/2014 | Argentina

    Gov’t revokes BoNY authorization to operate in Argentina

    Cabinet Chief Jorge Capitanich confirmed that the Office of the Superintendent of Financial and Exchange Institutions has revoked the authorization for the bank of New York Mellon to operate in Argentina.

  • 26/08/2014 | Argentina

    Gov’t officials to brief lawmakers on swap bill

    Cabinet Chief Jorge Capitanich defended once again the Executive’s bill to be discussed in Congress this week that seeks to open a new debt swap with local Nación Fideicomisos as trustee, and announced that Economy Minister Axel Kicillof, Treasury Attorney Angelina Abbona and Legal and Technical Secretary Carlos Zanini will brief lawmakers tomorrow on the details of the “Sovereign Payment” bill.

  • 21/08/2014 | Argentina

    'Macri more in tune with vultures, Griesa than with Argentina’s interests'

    The cabinet chief bashed Buenos Aires City Mayor Mauricio Macri for his remarks against the national government’s plan to reopen the debt swap, replacing the Bank of New York Mellon with local Banco Nación as trustee.

  • 25/08/2014 | Argentina

    Gov't defends new debt swap plan: 'BoNY has breached contract'

    Cabinet Chief Jorge Capitanich defended the Executive’s plan to replace the bank of New York Mellon (BoNY) as trustee of Argentina’s restructured bonds saying it has “breached the trust agreement.”

  • 25/08/2014 | Argentina

    Capitanich bashes opposition unions, lawmakers for being 'vulture funds' advocates'

    Ahead of a transport strike announced for Thursday by anti-government CGT splinter, and as the Congresss gets ready to tackle a set of economic measures submitted by the Executive, the chief of ministers bashed opposition unions and lawmakers saying they are “advocates and instruments of the vulture funds.”

  • 20/08/2014 | Argentina

    'We should be asking Griesa for BoNY deposits'

    Cabinet Chief Jorge Capitanich stressed that by changing the debt’s jurisdiction to Buenos Aires the government seeks to protect restructured bondholders and pointed out that the fate of the u$s 539 millions deposited to restructured creditors in a Bank of New York (BoNY) account is to be determined by US District Judge Thomas Griesa, who has frozen the assets.

  • 21/08/2014 | Argentina

    Gov't calls holdouts to accept new swap for 'certain' payment chances

    Cabinet Chief Jorge Capitanich reiterated that the bill pushed by the Executive “is not about a change of jurisdiction but of venue” and pledged that bondholders who voluntary accept the new swap will have “clear, certain” chances to receive payment.

  • 21/08/2014 | Argentina

    Capitanich: Dissident CGT 'does not represent majority of workers'

    Following the announcement by the dissident CGT umbrella union of a 24-hour strike for August 28, Cabinet Chief Jorge Capitanich said the anti-government CGT splinters led by Hugo Moyano and Luis Barrionuevo “does not represent the majority of workers or unions.”

  • 19/08/2014 | Argentina

    Gov’t says the US has not confirmed whether it accepts ICJ's jurisdiction

    Cabinet Chief Jorge Capitanich, Foreign Minister Héctor Timerman and Ministry of Foreign Affairs Legal Adviser Susana Ruiz Cerrutti were addressing reporters this morning to discuss Argentina’s legal action against the US at the Hague over its dispute with holdout hedge funds.

  • 19/08/2014 | Argentina

    'Business leaders must stop political chicanery'

    Cabinet Chief Capitanich fired back against critics of the bills drafted by the Executive to reform several consumption and production laws saying “business leaders must stop political chicanery and strategies that seek to distort (public) opinion.”

  • 20/08/2014 | Argentina

    Gov't says 'contempt ruling' inapplicable to Argentina

    Anticipating what seems an imminent order of contempt-of-court by US Judge Thomas Griesa following President Kirchner’s decision to push a bill to change the payment jurisdiction to Buenos Aires, the cabinet chief pointed out that as a “sovereign country” Argentina cannot end up in contempt.

  • 14/08/2014 | Argentina

    'AEA, UIA, COPAL represent the interests of concentrated powers'

    Cabinet Chief Jorge Capitanich defended once again the bill drafted by the Executive to amend laws that protect consumers and regulate companies and bashed its critics, mainly industrial leaders, saying they “represent the interests of concentrated powers”.

  • 14/08/2014 | Argentina

    Gov’t denies changes in dollar sales for savings

    Amid record climbs in the parallel dollar rates, Cabinet Chief Jorge Capitanich said the government is not considering any changes in the purchase of dollars for savings policy.

  • 14/08/2014 | Argentina

    Gov’t says Aurelius makes 'irrational threats', vulture funds are 'int'l mobsters'

    In response to Aurelius Capital Management claims that “the worst is yet to come” for Argentina, Cabinet Chief Jorge Capitanich said that those threats are “emtpy and irrational” and described the holdouts as “voracious groups that make up an international mob”.

  • 13/08/2014 | Argentina

    Consumer protection bills seek to 'enforce the Constitution' - Capitanich

    Cabinet Chief Jorge Capitanich responded to Argentine Industrial Union (UIA) criticism of the government-fueled bill to reform several consumptions laws, including the Supply law, saying it is a “high quality” project that aims to “enforce the Article 42 of the Constitution.”

  • 13/08/2014 | Argentina

    Gov’t says ‘acceleration’ on restructured bonds not possible

    Cabinet Chief Jorge Capitanich rejected the possibility raised last week by Argentina’s holdout investors to declare principal and interest immediately due, a move known as acceleration, saying the conditions for it have not been met.

  • 13/08/2014 | Argentina

    Capitanich rejects Church’s warnings over 'jobs instability’

    In response to the remarks by Argentine Episcopal Conference (CEA) spokesperson Jorge Oesterheld about “growing employment instability”, Cabinet Chief Jorge Capitanich said that “the opinion of one spokeman is not a document”.

  • 12/08/2014 | Argentina

    Capitanich defends new consumer protection bills

    Cabinet Chief Jorge Capitanich has said the government is expecting the Congress to discuss the series of new bills drafted by the Executive to amend laws that protect consumers and regulate companies.

  • 12/08/2014 | Argentina

    Gov't denounces 'deliberate strategy to radicalize protests'

    Amid the ongoing labour conflicts in Lear and RR Donnelly firms, both located in Panamericana Highway, Cabinet Chief Jorge Capitanich differentiated the two cases and said that “there is a deliberate strategy to radicalize protests” that seeks to “erode the confidence in the government”.

  • 12/08/2014 | Argentina

    Chikungunya virus detected in Argentina

    Cabinet Chief Jorge Capitanich confirmed that two patients have contracted the Chikungunya virus but pointed out that they were both imported cases since the affected had recently travelled to Dominican Republic. “The virus is not circulating in the country,” the official stressed.

  • 11/08/2014 | Argentina

    Gov’t insists it is not involved in talks between banks, holdouts

    The cabinet chief reiterated that any ongoing negotiations between Argentinean private agents and holdouts “are not the state’s concern or responsibility.”

  • 11/08/2014 | Argentina

    Capitanich denies further devaluation plans

    Cabinet Chief Jorge Capitanich rejected that the government plans to further devaluate the peso, in response to criticism by Argentine Industrial Union (UIA) head Héctor Méndez, who had suggested that it might need to intervene to accelerate the devaluation.

  • 11/08/2014 | Argentina

    Capitanich to oil provinces: ‘No one is saved alone’

    Following the rejection of Chubut province legislature of the oil and gas bill drafted by the national government, and with Neuquén province to follow the same path, Cabinet Chief Jorge Capitanich said the project is “fully compatible” with the country’s “energy self-supply strategy”.

  • 06/08/2014 | Argentina

    Gov't rejects "Fútbol para todos" programme accusations

    Cabinet Chief Jorge Capitanich rejected accusations made by lawmaker Graciela Ocaña for irregularities in “Fútbol para todos” (Soccer for all) programme saying they are “false, slander”. He bluntly denied that him or his predecesors Aníbal Fernández and Juan Manuel Abal Medina had been indicted, as it was reported by Clarín newspaper.

  • 06/08/2014 | Argentina

    'Oposition looks for excuses not to debate'

    Cabinet Chief Jorge Capitanich briefed senators in the Upper House during a session presided by Vicepresident Amado Boudou, but several opposition blocs walked out of the audience in protest to the presence of the politician.

  • 07/08/2014 | Argentina

    Gov’t fires back at Griesa, reiterates BoNY has to pay bondholders

    Cabinet Chief Jorge Capitanich said US Judge Thomas Griesa has proved his “incompetence, constant bias” by ratifying his order to keep a hold on funds Argentina deposited for exchange bondholders in the Bank of New York Mellon.

  • 05/08/2014 | Argentina

    Gov't blasts US judge Griesa for ratifying Pollack as Special Master

    Cabinet Chief Jorge Capitanich criticised US Judge Thomas Griesa’s decision to confirm Daniel Pollack as mediator to conduct talks between Argentina and holdouts saying "it ratifies the judge’s stance, that does not understand the difficulties of the process.”

  • 05/08/2014 | Argentina

    Gov't rejects reopening teachers' salary talks

    On the second day of a 48-hour teachers’ strike, Cabinet Chief Jorge Capitanich rejected the unions' demands for new collective wage talks at a national level. "In no way we will encourage the reopening of national wage negotiations," he stated. 

  • 06/08/2014 | Argentina

    Gov't confirms BoNY notice to pay restructured bondholders

    Cabinet Chief Jorge Capitanich confirmed that Argentina has formally demanded the Bank of New York Mellon and other financial entities, in a reference to Citibank, to guarantee that restructured bondholders receive the u$s 539 millions deposited by Argentina.

  • 31/07/2014 | Argentina

    Gov't denies default, bashes US Judiciary

    Cabinet Chief Jorge Capitanich said Argentina’s "alleged technical default is an absurd fabrication" and accused the US Judiciary of “malpractice.”

  • 04/08/2014 | Argentina

    Cabinet Chief to brief the Senate on Wednesday

    Originally scheduled for July, the Cabinet Chief’s visit to the Senate, where he is to brief lawmakers, will take place on Wednesday, the chief of ministers Jorge Capitanich himself confirmed.

  • 04/08/2014 | Argentina

    Gov't calls for legal action against vulture funds

    Cabinet Chief Jorge Capitanich said the government will call for an inquiry for “fraudulent maneuvers” and urged “bondholders, trustees and clearing agencies” to also take legal action against vulture funds.

  • 29/07/2014 | Argentina

    Technical default, a 'fabrication of rating agencies'

    Only a day ahead of the deadline set by US Judge Thomas Griesa for Argentina to pay in full to holdout bondholders, Cabinet Chief Jorge Capitanich said “there is no such a thing as a ‘technical default,’ stressing the country has paid creditors and accusing Griesa of not allowing them to receive payment.

  • 30/07/2014 | Argentina

    Banks' offer involves 'private agents only, not public sector'

    Cabinet Chief Jorge Capitanich referred to the u$s 250-million payment offer made by national private banks as a last-minute proposal to holdout hedge funds to prevent Argentina from plunging into a technical default.

  • 31/07/2014 | Argentina

    'Any deal between private agents does not involve the state'

    As private banks were still trying to reach an agreement with the holdouts, Cabinet Chief Jorge Capitanich highlighted that any deal between the two parties “does not involve the state” and stressed the importance to avoid triggering the Rights Upon Future Offers (RUFO) clause.

  • 28/07/2014 | Argentina

    Gov't fires back at SRA: 'They were accomplices of crimes against humanity'

    Cabinet Chief Jorge Capitanich bashed the head of the Argentine Rural Society Luis Etchevehere, accusing him of being “an accomplice of crimes against humanity”. Etchevehere had criticised both Néstor and Cristina Kirchner’s administrations, a period he described as the “preyed-upon decade”.

  • 28/07/2014 | Argentina

    Capitanich says economic activity independent of vulture fund battle

    Cabinet Chief Jorge Capitanich said “the economic activity is independent” of the outcome of the country’s legal battle against the vulture funds, asked about the impact in the country's economy in case an agreement is not reached with holdout creditors by Wednesday.

  • 28/07/2014 | Argentina

    Capitanich postpones Senate briefing ahead of debt deadline

    Cabinet Chief Jorge Capitanich has postponed until August 6 a Senate briefing scheduled for Wednesday, the day in which Argentina must pay debt obligations with investors currently blocked from receiving funds by New York judge Thomas Griesa.

  • 24/07/2014 | Argentina

    ‘The situation is absurd, should be fixed by the judge himself’

    Ahead of a new hearing called by Judge Thomas Griesa's mediator, Daniel Pollack, in the battle against holdout creditors, Cabinet Chief Jorge Capitanich said the country faces "an absurd situation caused by an absurd ruling that should be fixed by the judge himself”.

  • 25/07/2014 | Argentina

    No resolution in NY meeting, Argentine delegation returns to Buenos Aires

    In a brief, closed-door meeting, US mediator Daniel Pollack met with representatives of Argentina. "The dialogue process opened with the mediator will continue within the next days," a statement released by the Economy Ministry confirmed.

  • 28/07/2014 | Argentina

    US Pollack confirms meeting with Argentine delegation tomorrow, without holdouts

    An Argentine delegation will travel to New York tonight to meet with US court-appointed Special Master Daniel Pollack in its debt dispute with "holdout" investors. The meeting is scheduled for 12 pm (Argentine time), and without the presence of holdouts' representatives.

  • 22/07/2014 | Argentina

    Gov't says 'Argentina needs stay to honour its commitments'

    Before the hearing held in New York today, Cabinet Chief Jorge Capitanich reiterated the importance of the suspension of Griesa’s ruling requested by Argentina.

  • 23/07/2014 | Argentina

    ‘Life goes on for Argentina despite vulture funds' extorsion’

    In the aftermath of US Judge Griesa’s decision, Cabinet Chief Jorge Capitanich said that “despite the extorsion of a tiny group of speculators […] Argentina keeps on moving” and praised the government’s economic stimulus policies. “Life goes on for Argentina,” he stated.

  • 23/07/2014 | Argentina

    CTA's Yasky takes salary, tax income demands to Government House

    Pro-government CTA central of workers met today with Cabinet Chief Jorge Capitanich, with its secretary general Hugo Yasky demanding a 35 percent wage hike, a compmrehensive tax reform, and a change of the income tax scheme, among other issues.

  • 21/07/2014 | Argentina

    Vulture funds ‘voracious at seizing real assets,’ Gov’t says

    The Cabinet Chief Jorge Capitanich has blasted once again the holdout hedge funds accusing them of being after YPF-Chevron assets in ressources-rich Vaca Muerta region. “If anything is clear it is their voracity to seize real assets,” he stated.

  • 21/07/2014 | Argentina

    Capitanich rejects rumours about his resignation

    The Cabinet Chief bluntly dismissed speculations about his resignation as well as the rumours on Kirchnerite lawmaker Martín Insaurralde joining opposition Renewal Front lines. He said both alternatives are “completely impossible, inadmissible”.

  • 22/07/2014 | Argentina

    Capitanich: ‘Income tax claims are political’

    After meeting with the head of the pro-government CGT labour union Antonio Caló, Cabinet Chief Jorge Capitanich said the claims to raise the income tax exemption ceiling are political. He said the number of workers affected by the tax has not increased.

  • 16/07/2014 | Argentina

    Gov’t praises price index ‘declining trend’

    Cabinet Chief Jorge Capitanich described as “positive” the “declining trend” showed by the official National Urban Price Consumer Index (IPCNU) saying it “can be secured in time.”

  • 17/07/2014 | Argentina

    'It is vulture funds that act in bad faith’

    The Cabinet Chief Jorge Capitanich reiterated that Argentina has not defaulted and rejected the possibility of a future default. He stressed that the government honours its commitments in good faith, unlike the so-called vulture funds, whom he accused of going after the resource-rich Vaca Muerta region.

  • 17/07/2014 | Argentina

    Gov't closely monitoring H1N1 cases in Misiones

    The government is closely monitoring the situation in the northern Misiones province, after the confirmation of 20 cases of the H1N1 virus yesterday, Cabinet Chief Jorge Capitanich said in his daily press briefing.

  • 15/07/2014 | Argentina

    Gov’t to extend provinces’ debt agreement

    The federal government agreed to an extension of the agreement over provincial debts maturity, the Cabinet Chief Jorge Capitanich said.

  • 15/07/2014 | Argentina

    Capitanich urges business leaders to agree with UTA to prevent strike

    To prevent the indefinite strike announced by UTA transport worker’s union for the beggining of winter holidays on Monday, the Cabinet Chief Jorge Capitanich urged business leaders to sign and comply with an agreement

  • 16/07/2014 | Argentina

    ‘Argentina has not defaulted, it will not default, Argentina pays”

    Cabinet Chief Jorge Capitanich bluntly rejected once again any possibility of Argentina falling into default and reiterated the government’s willingness to negotiate, in response to a new ad published in local newspapers.

  • 14/07/2014 | Argentina

    Gov't reiterates willingness to join BRICS ahead of Brazil summit

    Ahead of the BRICS summit to be held in Fortaleza, Brazil, to which Argentina has been invited, Cabinet Chief Jorge Capitanich reiterated the government’s willingness to join the group of emerging economies but said “it is not just a matter of Argentine will”.

  • 14/07/2014 | Argentina

    Gov’t expects Congress to pass pensions moratorium

    The Cabinet Chief Jorge Capitanich said the government is expecting the Congress to pass the bill sent last month by President Cristina Fernández de Kirchner to implement a moratorium on pensions, as a main part of federal stimulus to encourage economic activity in the second semester.

  • 15/07/2014 | Argentina

    'Multilateral credit organisms have become a mechanism of extortion of powerful countries'

    As the President travels to Brasilia to attend the BRICS summit, where emerging economies are discussing the creation of the New Development Bank, Cabinet Chief Jorge Capitanich praised the initiative: “We need development banks to work as tools for infrastructure financing, […] not as mechanisms of extortion”.

  • 10/07/2014 | Argentina

    Gov’t: ‘There is no possibility of default’

    Amid an escalating rethoric war between the government and holdout hedge funds in local and international newspapers, Cabinet Chief Jorge Capitanich bluntly rejected the latest ad published by the American Task Force Argentina (ATFA) and reiterated the country's ability and willingness to pay.

  • 10/07/2014 | Argentina

    Capitanich praises gov't response to labour protests

    After a wave of disapproval by pro-government groups and political leaders for the repression of labour protests earlier this week, the Cabinet Chief Jorge Capitanich highlighted the government's efforts to “promote dialogue” and warned about “radicalized opposition groups” that seek to alter “society’s normal functioning.”

  • 11/07/2014 | Argentina

    Capitanich says picketers seek to wear down the government

    Cabinet Chief Jorge Capitanich backed the intervention of federal security forces amid ongoing protests and road pickets and warned “some demonstrations are trying to wear down the government.”

  • 07/07/2014 | Argentina

    'No third party judge is entitled to prevent bondholders from receiving payment'

    Cabinet Chief Jorge Capitanich said Argentina is determined to “hamper the actions of any external agent” working to prevent bondholders from being paid and referred to a advert published in local and international newspaper to reassure bondholders of the government’s willingness to pay.

  • 07/07/2014 | Argentina

    Bank workers confirm strike, ignore conciliation

    Leader of the Bank Workers' union Sergio Palazzo has confirmed that employees in the sector would stage a nationwide strike, despite orders from the Labor Ministry for mandatory conciliation talks.

  • 08/07/2014 | Argentina

    ‘Argentina is going through a transition to solve its energy-related problems’

    Cabinet Chief Jorge Capitanich recognized the impact of energy subsidies in the State’s fiscal health but he stressed that Argentina is going through a transition period in order to solve problems caused by energy imports needed for economic growth.

  • 02/07/2014 | Argentina

    Gov't comitted to negotiate with holdout hedge funds

    Cabinet Chief Jorge Capitanich reiterated once again Argentina’s willingness to pay all of its creditors and neither confirmed nor denied the possibility to pay holdout hedge funds with bonds, as suggested yesterday by an Elliot Management representative.

  • 02/07/2014 | Argentina

    Gov't to deliver aid to over 14,000 flooding victims

    ANSES social security agency’s director Diego Bossio added details to the announcement made by President Cristina Fernández de Kirchner yesterday concerning the special aid to be extended to flooding victims in the northeast of the country. Over 14,000 welfare recipients will benefit from the government’s assistance.

  • 04/07/2014 | Argentina

    Capitanich: 'US judiciary is not independent from vulture funds'

    Cabinet Chief Jorge Capitanich came on stage today to say that “considering a technical default is a manoeuvre from the New York judge but not from the Argentine Republic.”

  • 30/06/2014 | Argentina

    ‘Boudou, Macri treated unequally by media and opposition leaders’

    Cabinet Chief Jorge Capitanich said that the judicial situation of the Vicepresident Amado Boudou is the same as that of BA City Mayor Mauricio Macri, both of them are indicted in criminal cases but he pointed out that the media and opposition leaders give “inequitable, unequal treatment” to the cases.

  • 30/06/2014 | Argentina

    CFK to visit flooded Argentine North-east

    The President Cristina Fernández de Kirchner will visit “in the following hours or days” the areas affected by floods in the northeastern provinces of Misiones and Formosa, Cabinet Chief Jorge Capitanich has announced at Government House.

  • 01/07/2014 | Argentina

    Gov't 'working' on vulture talks’ details

    Cabinet Chief Jorge Capitanich said that the government is working on the Argentine delegation to travel to New York on Monday to meet with Judge Thomas Griesa and the holdout investors’ representatives. Capitanich said the names of those appointed to begin negotiations will be announced in the course of the week.

  • 26/06/2014 | Argentina

    Vulture dispute: Gov't celebrates ‘categorical, broad’ international support for Argentina

    Cabinet Chief Jorge Capitanich praised the “clear, categorical and broad” support for Argentina’s stance in its dispute with vulture funds from 133 countries and specialized international media. “Argentina has reason on its side,” he stated.

  • 26/06/2014 | Argentina

    Gov’t optimistic about industrial recovery

    The government relies on its stimulus packages to reverse the downward trend of industrial output, which registered a 3.89 percent plunge in the first semester of the year. “All measures are in place for a favourable trend in the second semester,” Cabinet Chief Jorge Capitanich said.

  • 30/06/2014 | Argentina

    Gov’t reiterates willingness to negotiate, rejects ‘technical default’

    Cabinet Chief Jorge Capitanich rejected the use of the term “technical default” in Argentina’s legal battle against the so-called vulture funds, saying the country “regularly meets its obligations”. He described Judge Thomas Griesa’s ruling as “unprecedented” since it prevented bondholder from being paid.

  • 25/06/2014 | Argentina

    Kicillof to 'raise awareness' on anti-debt restructuring rulings at United Nations

    Cabinet Chief Jorge Capitanich referred to the economy minister's presentation at the G77 and China meeting in New York today, saying Argentina will seek to “raise awareness” about the impact of legal decisions in debt restructuring processes.

  • 25/06/2014 | Argentina

    Gov’t warns pharmaceuticals of sanctions for price hikes

    Cabinet Chief Jorge Capitanich warned pharmaceutical companies to keep their prices at the levels in force on May 7, as established by the Trade Secretariat in its 90/2014 resolution. “All necessary measures will be taken to guarantee the protection of medicine prices for consumers,” he said.

  • 25/06/2014 | Argentina

    Gov’t to inform the Court on railway system

    Asked about a Supreme Court’s demand for “railway passengers to be treated in a dignified way,” the cabinet chief said the request is “in accordance with the government’s efforts” and that a comprehensive report on the matter will be delivered to the Court.

  • 23/06/2014 | Argentina

    Capitanich: 'Equitable treatment cannot be violated by any judge'

    Cabinet Chief Jorge Capitanich reiterated the government’s claim for “fair and equitable conditions for 100% of bondholders”, referring to US Judge Thomas Griesa ruling ordering Argentina full payment to the so-called vulture funds. Capitanich stressed that “equitable treatment cannot be violated by any judge”.

  • 24/06/2014 | Argentina

    Gov’t awaits Judge Griesa’s decision on stay request

    The government awaits Judge Griesa's decision after it requested him to issue a stay on the ruling that orders Argentina to pay all bondholders at the same time, Cabinet Chief Jorge Capitanich has said.

  • 24/06/2014 | Argentina

    ProCreAuto seeks 700,000-unit production goal

    Cabinet Chief Jorge Capitanich praised the new credit scheme for buying new cars unveiled yesterday by the President, saying it will “stimulate production levels to reach the goal of 700,000 units”.

  • 17/06/2014 | Argentina

    US Court ruling ‘undermines the most successful sovereign debt restructuring process’

    Cabinet Chief Jorge Capitanich said the US Supreme Court’s decision to reject Argentina’s appeal on the hedge funds case “undermines the most successful sovereign debt restructuring process” and that it buffets “the foundations of a new perspective on international finances and economy”.

  • 18/06/2014 | Argentina

    Congress backs government’s strategy, Capitanich says

    After meeting with Congress party chiefs to discuss the government’s strategy regarding the country’s debt with houldout hedge funds, Cabinet Chief Jorge Capitanich said “the Congress, through its different blocs, has backed Argentina’s stance in defense of national interests.”

  • 18/06/2014 | Argentina

    ‘A tiny group of vulture funds won’t alter growth and social inclusion’

    In his daily press briefing, Cabinet Chief Jorge Capitanich bashed holdout hedge funds saying “the deliberate actions of a tiny group of vulture funds will not alter the economic growth, social inclusion and distributive equity of a sovereign country”.

  • 16/06/2014 | Argentina

    Gov’t to release public statement after US top court verdict

    Cabinet Chief Jorge Capitanich called for prudence and refused to make comments on the imminent US Supreme Court holdout ruling on Argentina’s appeal of rulings requiring it to pay the holdout bondholders back in full, expected for today at 10.30 a.m.

  • 16/06/2014 | Argentina

    Capitanich visits flooded Northeast

    Cabinet Chief Jorge Capitanich arrived in Posadas, Mendoza province, for a “direct supervision” of the regions affected by floods in Paraná River coastal area today and to coordinate assistance with local authorities.

  • 17/06/2014 | Argentina

    Government plans to reopen debt swap after US Supreme Court setback

    Economy Minister Axel Kicillof has announced that the government plans to reopen the debt swap program in the hope of renegotiating bonds under Argentine jurisdiction, after the US Supreme Court declined to take Argentina's case against the 'vulture funds'.

  • 11/06/2014 | Argentina

    BCRA's rates regulation 'necessary to stimulate demand'

    After weeks dennouncing “abusive rates” by financial institutions in his daily press briefings, Cabinet Chief Jorge Capitanich has praised the Central Bank’s decision to regulate loans pushing down interest rates, saying it was “necessary to stimulate demand” and to “prevent abussive manoeuvres and the excessive interest rates dispersion”.

  • 12/06/2014 | Argentina

    Gov't 'constantly monitoring' Iguazú floodings

    Cabinet Chief Jorge Capitanich said the government is “constantly monitoring” the flooding emergency in the Iguazú watershed by an emergency committee and that National Gendarmerie, Federal Police and Military Police personnel were being deployed in the affected areas.

  • 12/06/2014 | Argentina

    Capitanich praises auto deal with Brazil

    Cabinet Chief Jorge Capitanich referred to the automotive trade agreement the government has sealed with Brazil saying it will encourage “auto parts production and job creation” benefiting both countries.

  • 10/06/2014 | Argentina

    ‘It’s about time the Central Bank properly regulated interest rates’

    In his daily press briefing Cabinet Chief Jorge Capitanich criticised financial institutions that charge “abusive rates” and said it was about time “the Central Bank properly regulated” the matter.

  • 10/06/2014 | Argentina

    ‘Energy self-sufficiency needs to be a joint effort between national and provincial gov'ts’

    Cabinet Chief Jorge Capitanich referred to President Cristina Fernández de Kirchner’s meeting with governors of several petroleum-producing provinces. He said the discussion ended with a draft for a federal agreement regarding a reform to the hydrocarbon law.

  • 11/06/2014 | Argentina

    Gov’t confident on reaching automobile deal with Brazil today

    Cabinet Chief Jorge Capitanich was confident that an agreement will be reached today in the bilateral meeting to be held at 3 p.m. between Industry Minister Débora Giorgi and Economy Minister Axel Kicillof with Brazil's Development, Industry and Commerce Minister Mauro Borges.

  • 09/06/2014 | Argentina

    Boudou’s questioning ‘an excellent opportunity’, gov’t says

    Cabinet Chief Jorge Capitanich referred to Vice-President Amado Boudou's questioning by Judge Ariel Lijo saying “it is an excellent opportunity for Judiciary and the judge to act without any pressure”.

  • 09/06/2014 | Argentina

    Capitanich urges automotive terminals ‘to reduce prices in order to stimulate demand’

    In his daily press briefing, Cabinet Chief Jorge Capitanich urged automobile companies to reduce their prices for a recovery in the sector. “It is very important for automotive terminals to reduce their prices in order to stimulate demand,” he said.

  • 10/06/2014 | Argentina

    Capitanich praises anti-vulture funds delegation, bashes UNEN absence

    Cabinet Chief Jorge Capitanich praised the Congressional delegation that travelled to Washington DC to support Argentina’s stance in its court battle with hedge funds and criticised the absence of UNEN Broad Front representatives in the committee.

  • 04/06/2014 | Argentina

    Opposition lawmakers leave the House before Cabinet Chief's briefing

    The main opposition leaders at the Lower House agreed on a strategy to vacate the House for Cabinet Chief Jorge Capitanich’s briefing scheduled for today, complaining for not being able to cross-examine the minister during his briefings.

  • 05/06/2014 | Argentina

    'Gov’t guarantees public, free, nationwide WC transmission'

    Cabinet Chief Jorge Capitanich announced today  that Canal 7, DeporTV and Radio Nacional’s World Cup transmissions guarantee a nationwide and free service, fulfilling the government’s goal of delivering “the World Cup to the whole country.”

  • 06/06/2014 | Argentina

    Capitanich: Boudou's testimony will provide 'exact information' about the probe

    Cabinet Chief Jorge Capitanich today implied it was positive that vice-president Amado  Boudou appeared before Judge Ariel Lijo next week in the  probe into the nationalization of the Ciccone mint company as the process will show a “transparent treatment.”

  • 03/06/2014 | Argentina

    Capitanich praises Pope's letter on crime

    Cabinet Chief Jorge Capitanich praised Pope Francis' letter to the 19th International Congress of Criminal Law calling for a “humanitarian vision over criminal matters”. He highlighted the Pope's “clear, transparent” perspective and urged analysts to “take it into account”.

  • 04/06/2014 | Argentina

    ‘Industrial leadership has an obsolete mindset’

    Cabinet Chief Jorge Capitanich rebuked UIA industrial chamber head Héctor Méndez who has repeatedly called for “economic adjusment”, criticising the government’s fiscal policies. “Industrial leadership has an obsolete mindset, from the past, it should be looking to the future,” Capitanich stressed.

  • 04/06/2014 | Argentina

    Capitanich praises subsidy policies during Lower House briefing

    Cabinet Chief Jorge Capitanich defended the government's stance on subsidies while revealing that new announcements concerning the struggling automotive industry would soon be made public, in a briefing to the Lower House marked by the absence of opposition lawmakers.

  • 02/06/2014 | Argentina

    Capitanich on Gestamp conflict: ‘Plant occupation is inadmissible’

    In his daily press briefing, Cabinet Chief Jorge Capitanich called for an “immediate solution” to the labour conflict in Gestamp auto parts factory and said the occupation of the plant by workers as “inadmissible.”

  • 02/06/2014 | Argentina

    Gov't on alleged leaked memo: 'We said all we had to say in Court'

    Cabinet Chief Jorge Capitanich refused to give further details on an alleged leaked legal memo which would advise the government on a plan to restructure Argentina’s bonds outside the reach of US courts if the Supreme Court does not take the case against holdout investors, the so called Vulture Funds. “The document was leaked without consent,” he stressed.

  • 03/06/2014 | Argentina

    Gov’t optimistic about Gestamp conflict resolution, auto industry situation

    Cabinet Chief Jorge Capitanich referred to the conflict in Gestamp auto parts plant and expressed his optimism about the solution of the labour dispute that began last week after 69 workers were laid off. “The plant is fully operational with 400 workers. The production has been restored,” he said.

  • 28/05/2014 | Argentina

    Gov’t aims to prevent bank workers' strike

    In his daily press briefing, Cabinet Chief Jorge Capitanich praised the progress made in negotiations with UTA Transport Union that allowed to prevent a national strike initially announced for today and said the government is making similar efforts to try to avert the walkout that bank workers have planned for tomorrow.

  • 29/05/2014 | Argentina

    'The agreement was made without IMF's involvement'

    Cabinet Chief Jorge Capitanich pointed out that the agreement reached with Paris Club was made without any active involvement from the International Monetary Fund (IMF). He stressed that this is the first time that the Fund “was not part of the conditionalities in the negotiation process” and said it will not monitor the agreement’s compliance either.

  • 29/05/2014 | Argentina

    Capitanich on BRICS summit: 'Russia's invitation leads the way towards effective participation'

    Cabinet Chief Jorge Capitanich referred to the Russian invitation to Argentina to attend a summit of the so called BRICS countries next month in Brazil and said it “leads the way towards [Argentina’s] effective participation” in the bloc.

  • 27/05/2014 | Argentina

    Gov’t meets with bus drivers to prevent strike

    The government met with bus drivers in an effort to solve the ongoing wage dispute and try to prevent the walkout announced for tomorrow by UTA Transport Union.

  • 27/05/2014 | Argentina

    'The strike is on,' UTA Transport Union leader warns

    After an urgent meeting convened by the government, UTA Transport Union head Roberto Fernández ratified the general strike announced for tomorrow in short, medium and long distance buses.

  • 28/05/2014 | Argentina

    Capitanich: 'We seek the best possible agreement with Paris Club'

    Cabinet Chief Jorge Capitanich referred to Economy Minister Axel Kicillof's meeting in Paris with Argentina’s Paris Club creditors. “The negotiation is complex,” Capitanich said and stressed that the government seeks “the best possible agreement”.

  • 22/05/2014 | Argentina

    Capitanich urges opposition leaders 'not to rush' into campaigning for 2015

    The cabinet chief urged opposition leaders to focus on governing their respective districts rather than “rushing into campaigning” for the 2015 elections.

  • 26/05/2014 | Argentina

    Gov't defends 'Fútbol para todos' programme

    Cabinet Chief Jorge Capitanich referred to opposition lawmaker Graciela Ocaña's accusations of discretionary spending in “Fútbol para todos” programme. “I find it hard to see the existence of a possible crime,” he said and bashed opposition critics for “never going after media conglomerates”.

  • 27/05/2014 | Argentina

    Capitanich defends Aerolíneas: ‘Recalde has done an outstanding job’

    Jorge Capitanich praised the performance of Argentina's flag carrier, saying its CEO Mariano Recalde “has done an outstanding job.” Asked about a report by the National Audit Office that dennounces irregularities and lack of management control in the state-run company, he said it was a “deliberate political strategy by opposition leaders.”

  • 20/05/2014 | Argentina

    Gov’t praises unemployment decrease, says no 'job destruction'

    The cabinet chief has referred to the 0.8-point decline in unemployment in the first trimestre of 2014, saying there has been “no destruction of jobs” or an increase in the number of people looking for a job.

  • 21/05/2014 | Argentina

    Government slams ‘speculative strategies from financial groups’

    Cabinet Chief Jorge Capitanich praised the country’s “favorable economic performance” and accused “financial agents” of developing “speculative strategies” that aim to create uncertainty.

  • 21/05/2014 | Argentina

    Clinics and hospitals go on national strike

    Clinics and hospitals and diagnostic centers unions -ADECRA and CEDIM- are on a 24-hour national strike, demanding an increase in pre-paid medical cover fees.

  • 15/05/2014 | Argentina

    Gov’t praises US IMF nominee remarks on Vulture Funds case

    Cabinet Chief Jorge Capitanich praised remarks made by the nominee to represent the US on the International Monetary Fund's executive board, Mark Sobel, who said that a US Court ruling favorable to Vulture Funds might “alter the order and predictability” of debt restructuring processes.

  • 16/05/2014 | Argentina

    Gov't confirms will appeal court ruling on Iran deal

    Cabinet Chief Jorge Capitanich today ratified the government will appeal a court ruling which declared the Memorandum signed between the Argentine and Iranian governments on the AMIA attack probe unconstitutional.

  • 19/05/2014 | Argentina

    Capitanich on Milani case: ‘No one is obstructing the process’

    Asked about the ongoing judicial investigation against Army Chief César Milani for crimes against humanity, Cabinet Chief Jorge Capitanich pointed out Argentina's Judicial independence and stated that the government "is not obstructing or interrupting the process".

  • 14/05/2014 | Argentina

    Capitanich: 'Plaza de Mayo not the right place to protest for security'

    Cabinet Chief Jorge Capitanich referred to the protest the leader of the General Workers' Confederation Azopardo faction, Hugo Moyano has planned for this afternoon at Plaza de Mayo. “If the protest is for security, Plaza de Mayo is not the right place,” Capitanich said and suggested union leaders should take their claims to provincial governors.

  • 14/05/2014 | Argentina

    Gov’t says Chevron deal investigation aims to ‘affect the country’s strategic interests”

    Asked about Federal Court order to investigate into the agreement signed between state-owned oil company YPF and Chevron Corporation, Cabinet Chief Jorge Capitanich considered the reactivation of the case “strange” and said there are foreign and local agents “trying to break the government’s credibility.”

  • 14/05/2014 | Argentina

    CGT opposition leaders call for change in Plaza de Mayo protest

    The General Workers' Confederation (CGT) factions led by Hugo Moyano and Luis Barrionuevo warned that an increase in unemployment and crime was affecting the poorest in society, and called on the government to make "urgent changes" during today's mobilisation.

  • 12/05/2014 | Argentina

    Gov't on Paris Club talks: 'We can't release information on strategy'

    In his daily press briefing in Government House, Cabinet Chief Jorge Capitanich refused to release further details on the Cristina Fernández de Kirchner administration's strategy in upcoming negotiations with Paris Club creditors.

  • 13/05/2014 | Argentina

    Capitanich rebuffs IMF suggestion to cut energy subsidies

    Asked about the report released yesterday that suggested that Argentina could benefit from cutting public spending destined for subsidies on energy costs, Cabinet Chief Jorge Capitanich rejected the Fund’s “typically orthodox and exclusive perspective”.

  • 13/05/2014 | Argentina

    Gov’t to declare mandatory conciliation on UOM strike

    Cabinet Chief Jorge Capitanich confirmed the government would mediate after the Metallurgical Workers' Union (UOM) went on a national strike today, paralizing steel companies, demanding a salary rise of 29.6% in line with the figure agreed in earlier negotiations.

  • 07/05/2014 | Argentina

    Capitanich praises BA Herald article on City advertising budget

    Cabinet Chief Jorge Capitanich referred to an article published by the Buenos Aires Herald about City government advertising budget that showed that the Clarín Group was the single biggest recipient of public advertising doled out by BA City. Mentioning the frequent criticism on federal government advertising budget, Capitanich said the article showed that “information is not treated with equity”.

  • 07/05/2014 | Argentina

    Gov't: 'Massa’s mayors re-election project not a substantive issue'

    Asked about opposition leader Sergio Massa’s project to limit the number of terms mayors can be in office, Cabinet Chief Jorge Capitanich said it is “part of a public debate but not a substantive issue.” BA province Governor Daniel Scioli, meanwhile, considered the plan was not among people's priorities.

  • 08/05/2014 | Argentina

    'Gov't doesn't keep information hidden'

    In his daily press brief Cabinet Chief Jorge Capitanich referred to some of the key topics he addressed yesterday in his testimony to the Senate, including official statistics on social development.

  • 30/04/2014 | Argentina

    Capitanich: 'Mandatory military service doesn't solve social conflict'

    In his daily briefing at Government House, Cabinet Chief Jorge Capitanich addressed the ongoing debate over mandatory military service. He said it “does not solve social conflict.”

  • 02/05/2014 | Argentina

    Capitanich anticipates record tax collection

    Cabinet Chief Jorge Capitanich anticipated today April’s tax collection hit a new record, during the inauguration of paved roads in Corrientes province. The official figures will be revealed on Monday.

  • 05/05/2014 | Argentina

    Government pledges to closely monitor abusive interest rates

    Asked about excessive interest rates in personal credit lines in the financial market, the cabinet chief pointed out –like he had done last week- that the government is analyzing policies to regulate the sector.

  • 27/04/2014 | Argentina

    Capitanich, Scioli address militants at United & Organised conference

    The governor of Buenos Aires province Daniel Scioli and cabinet chief Jorge Capitanich were among the high-profile figures to address today's United and Organised conference, as the Kirchnerite organisation mobilised militants to mark 11 years since Néstor Kirchner's election victory.

  • 28/04/2014 | Argentina

    Capitanich highlights provinces' debt reduction, auto negotiations with Brazil

    Cabinet Chief Jorge Capitanich today highlighted the “drastic” reduction of the debt the provinces hold with the national administration as the government is expected to sign today a debt restructuring adjustment deal with 17 provinces.

  • 29/04/2014 | Argentina

    'Argentina is the country that has reduced public debt-to-GDP ratio the most'

    In today’s press briefing Cabinet Chief Jorge Capitanich asserted: “Argentina is the country that has reduced its public debt-to-GDP ratio the most, by 76%,” and he underscored the government’s will to negotiate with its Paris Club creditors starting May 28.

  • 14/04/2014 | Argentina

    Capitanich: 'Significant progress' made towards Mercosur-EU trade deal

    Cabinet Chief Jorge Capitanich today described Argentina’s relation with the International Monetary Fund (IMF) as “normal” and praised the role the country has got in international organizations, affirming “it’s always defending the domestic trade interests.”

  • 23/04/2014 | Argentina

    Capitanich: ‘The purge of security forces is key to public order’

    In his daily press brief at the government house, Cabinet Chief Jorge Capitanich highlighted the importance of implementing mechanisms to “purge security forces” to ensure public order.

  • 23/04/2014 | Argentina

    Capitanich ironically praises UNEN 'experience with hyperinflation, drug-trafficking, betrayal'

    Chief Cabinet Jorge Capitanich made a very ironic reference to the launching of Frente Amplio UNEN. He said its leaders are “very experienced” in hyperinflation, drug-trafficking scandals and political betrayal.

  • 07/04/2014 | Argentina

    'The approval of security laws must not be part of a demagogic strategy'

    Cabinet Chief Jorge Capitanich today joined the crime debate which is overflowing the media and criticized “the excess of proposals and affirmations” regarding the insecurity matter from opposition leaders. “The approval of security laws must not be part of a demagogic strategy,” he said.

  • 08/04/2014 | Argentina

    Capitanich: 'Subsidies will be maintained as long as there is saving'

    He highlighted the agreements reached between the national government and several provinces, particularly Chaco, “to maintain utility tariffs and finance structural works which guarantee the access to energy” across the country.

  • 08/04/2014 | Argentina

    Gov't highlights 'direct actions' to aid storm-hit provinces

    Cabinet Chief Jorge Capitanich today praised the “immediate intervention” the national government has had in Neuquén province, one of the mostly affected areas by powerful storms which left floods and thousands of evacuated.

  • 21/03/2014 | Argentina

    Capitanich assures private employment ‘stable’

    Cabinet Chief Jorge Capitanich today stressed that private employment in Argentina is “stable” when revealing fresh data about employment in Argentina, released by the Labour Ministry.

  • 31/03/2014 | Argentina

    Capitanich praises bilateral trade deal with Brazil

    Cabinet Chief Jorge Capitanich praised an agreement reached over the weekend with Brazil to reinforce bilateral trade and the progress made in a “common agenda” that would likely lead to a free trade agreement between Mercosur and the EU.

  • 31/03/2014 | Argentina

    ‘No foreign currency debt issuance has been planned in the short term’

    Cabinet Chief Jorge Capitanich today reiterated a government’s communiqué released yesterday saying "any foreign currency debt issuance has been planned in the short term," denying a newspaper’s report which indicated the country was closing in on a deal to receive around US$1 billion in loans from Goldman Sachs investment bank.

  • 17/03/2014 | Argentina

    Capitanich says prices soothed in February and March

    In his daily press conference at the Government House, Cabinet Chief Jorge Capitanich said “price levels have stabilized” during February’s last two weeks and so far March, which is generating a “predictable setting for salary negotiations to be compatible with reasonableness.”

  • 18/03/2014 | Argentina

    Capitanich says Feb. inflation rate must not be read as a future trend

    Cabinet Chief Jorge Capitanich today reiterated consumer prices have stabilized in the last weeks, and urged analysts and economists to “have respect for the quality of figures elaborated by the government.”

  • 19/03/2014 | Argentina

    Capitanich meets with head of Council of the Americas, discusses investments

    Cabinet Chief Jorge Capitanich met today with the head of the Council of the Americas Susan Segal at the Government House to discuss Argentina’s perspectives to receive new foreign investments in Vaca Muerta shale field.

  • 16/03/2014 | Argentina

    Political opposition and native hooligans

    By Mempo Giardinelli
    The Cabinet Chief’s first report to a plenary session of the Senate last Wednesday lasted 12 hours and even if there was no scandal, the result can be considered disappointing. Jorge Capitanich showed once again the immense patience of which he is capable, some opposition leaders displayed their vocation to repeat media slogans and in general, everybody showed their face.

  • 16/03/2014 | Argentina

    Capitanich: Crime issue will not be solved by more police, cameras

    Chief of Cabinet Jorge Capitanich has admitted that crime is an issue in Argentina, while denying that the sole solution to the problem could be found in putting more police officers and CCTV cameras on the streets.

  • 17/03/2014 | Argentina

    Government confirms debt talks with Paris Club to begin May 26

    "Argentina has received a formal invitation for the beginning of talks and that invitation has a date which is May 26,” Capitanich told reporters this morning.

  • 10/03/2014 | Argentina

    Gov't says consignment of 9 million flu vaccines arrived in the country

    Cabinet Chief Jorge Capitanich today informed the Health Ministry headed by Juan Manzur this morning received a consignment of 9 million flu vaccines to be distributed across the country and applied for free on high risk groups.

  • 10/03/2014 | Argentina

    Teachers: Government mulls new pay offer

    While in six provinces, some five million children could not start school yet due to an ongoing strike, Cabinet Chief Jorge Capitanich praised the “mandatory conciliation order which allows the dialogue to continue” and confirmed wage talks with unions will be resumed on Wednesday.

  • 21/02/2014 | Argentina

    Wage talks: no agreement between Government and teachers

    In a press conference from the Education Ministry, Cabinet Chief Jorge Capitanich informed that no agreement has been reached between the two parts, although he anticipated that a second meeting with the teachers will take place on Monday.

  • 24/02/2014 | Argentina

    Capitanich: Wage talks with teachers to be concluded 'between today and tomorrow'

    Negotiations to set the initial salaries of teachers will be concluded “between today and tomorrow,” Cabinet Chief Jorge Capitanich said today, again hinting about the possibility the government might decide on the matter by decree.

  • 03/03/2014 | Argentina

    Scioli denies withdrawal of Gendarmerie

    Buenos Aires Governor Daniel Scioli assured that “gendarmerie personnel” will continue its fight against crime in Argentina’s most populated province, and confirmed a meeting with Cabinet Chief, Jorge Capitnaich on Wednesday morning.

  • 10/02/2014 | Argentina

    Capitanich urges not to 'dishonour' Pope Francis' name for media operations

    Cabinet Chief Jorge Capitanich today rejected media rumours which during the weekend affirmed Pope Francis had called a meeting with the Argentine government, union and business leaders in March.

  • 12/02/2014 | Argentina

    'Supreme Court ruling violates separation of powers'

    Cabinet Chief Jorge Capitanich today expressed "concern” about the Supreme Court’s ruling which yesterday ordered the government to restore advertising to Clarín Group’s Channel 13.

  • 17/02/2014 | Argentina

    Gov't says January's fiscal result 'positive'

    Cabinet Chief Jorge Capitanich today said January’s "primary and financial fiscal result is positive” and it will be unveiled this week. "The opposition is trying to diminish the country’s fiscal behaviour,” he stressed.

  • 06/02/2014 | Argentina

    Capitanich praises 'exchange rate stability'

    In his daily press conference at the Government House, Cabinet Chief Jorge Capitanich referred to prices of goods, the impact of gasoline price hikes and wage negotiations, among other issues.

  • 06/02/2014 | Argentina

    CFK meets with Kicillof, Capitanich at Olivos

    President Cristina Fernández de Krichner today held two different meetings at Olivos residence with Cabinet Chief Jorge Capitanich, Economy Minister Axel Kicillof and the Presidency’s Secretary-General Oscar Parrilli.

  • 07/02/2014 | Argentina

    Capitanich to US senators: 'Argentina enjoys full democracy’

    Cabinet Chief Jorge Capitanich today reacted to US senators' remarks who harshly criticized Argentina during a hearing in the US Congress.

  • 03/02/2014 | Argentina

    Gov't announces 'price accord' for Procrear construction program

    The national government today announced that the price of materials destined for use in the Procrear home-building programme would be controlled by a new agreement with suppliers, in a move designed to protect beneficiaries of the scheme.

  • 05/02/2014 | Argentina

    Capitanich urges business, union leaders to have a 'reasonable behaviour'

    Cabinet Chief Jorge Capitanich urged business and union leaders today to have a “reasonable behaviour” in order to halt the ongoing price hikes on a variety of goods.

  • 02/02/2014 | Argentina

    'There are more than enough reserves'

    Cabinet Chief Jorge Capitanich has defended the Victory Front's economic policies, and assured that the level of currency reserves in the Central Bank is acceptable at the current time.

  • 03/02/2014 | Argentina

    'Shell's price hike is conspirational'

    Cabinet Chief Jorge Capitanich today questioned the hike on gasoline prices announced last weekend by Shell oil company considering the decision a “unilateral attitude”, and regretting that sometimes the Government is fighting economic groups alone.

  • 31/01/2014 | Argentina

    Capitanich pledges to debate with opposition in Congress

    In his daily press briefing from the Government House, Cabinet Chief Jorge Capitanich said he will attend both houses of Congress in March and April to “discuss with political leaders, particularly with the opposition.”

  • 31/01/2014 | Argentina

    Government blasts 'unscrupulous' leaders

    Cabinet Chief Jorge Capitanich has blasted again business leaders who according to him are “unscrupulous” for using workers to obtain subsidies. He was specifically referring to the long distance drivers union who threatened to paralyze long distance services from midnight during three days if their salary demands are not met.

  • 26/01/2014 | Argentina

    Kicillof promises 'explicit rules' for dollar purchases

    Economy Minister Axel Kicillof has shed further light on the new measures introduced for the acquisition of dollars for personal savings, which will be allowed once a month and rated according to the buyer's income.

  • 26/01/2014 | Argentina

    It is still Cristina country

    By James Neilson
    For several years now, Argentina has been a one-woman show. It still is. Even when Cristina takes some time off and neglects her Twitter account, the country continues to revolve around her.

  • 26/01/2014 | Argentina

    Out of the blue

    By Martín Gambarotta
    On Friday Capitanich, flanked by Economy Minister Axel Kicillof, made the biggest announcement since the two new ministers were appointed in November. The strict currency exchange controls, Capitanich said, will be eased starting on Monday. Individuals will be allowed to purchase dollars at the official rate once more, he added.

  • 24/01/2014 | Argentina

    272 goals during 2014

    By Eric Weil
    New Cabinet Chief Jorge Capitanich, who seems to have taken over the presidency, will hardly score 272 goals during 2014, nor will anybody else, but he says that he has that number of projects to accomplish this year.

  • 24/01/2014 | Argentina

    'Change in dollar restrictions will affect reserves' - Kicillof

    Economy Minister Axel Kicillof said that the opening up of the exchange market could have repercussions on international reserves, while condemning what he called a "strong speculative attack."

  • 22/01/2014 | Argentina

    Capitanich defends new controls on overseas internet purchases

    Chief of Cabinet Jorge Capitanich has defended new conditions for shopping online outside of Argentina, stating that the measures introduced by the AFIP help to encourage national interests and industry.

  • 22/01/2014 | Argentina

    Gov't pledges to 'combat' blue dollar

    Cabinet Chief Jorge Capitanich warned that transactions and trading of the parallel, 'blue' dollar would be fought against with the law, while the politician once more linked the unofficial currency to the criminal economy and narcotrafficking.

  • 23/01/2014 | Argentina

    Capitanich: ‘What happened wasn’t a devaluation induced by the Government’

    Cabinet Chief, Jorge Capitanich explained in his daily conference from the Government House that yesterday’s hike of 23 cents in the official peso “was not a devaluation induced by the Government. It was an expression of free market with offer and demand.”

  • 20/01/2014 | Argentina

    Gov't links 'illegal' blue dollar with criminal activity

    Cabinet Chief Jorge Capitanich has reiterated the national government's stance on the parallel 'blue' dollar, calling the market "illegal" and pledging to investigate who was behind what he termed "speculative attacks."

  • 21/01/2014 | Argentina

    Capitanich slams tax critics: They are against income redistribution

    Chief of Cabinet Jorge Capitanich today spoke out against critics of the national government's tax policies, stating that such figures "are against income redistribution."

  • 21/01/2014 | Argentina

    New controls introduced on overseas purchases

    From today onwards, consumers wishing to buy products from outside Argentina online will have to complete a sworn statement, which will have to be presented before delivery or on picking up goods from the Central Post Office.

  • 09/01/2014 | Argentina

    Government expands price deal and reaffirms food imports alternative

    Cabinet Chief Jorge Capitanich assured that the Federal Government will expand the price deal and open food imports if necessary, during a press conference from Government House.

  • 19/01/2014 | Argentina

    Capitanich defends policies, hits out against 'agro-exportation model'

    Chief of Cabinet Jorge Capitanich has defended the redistribution policies of the national government, stating that the alternative would be a return to a model of agricultural exportation which "leaves out 10 million Argentines."

  • 20/01/2014 | Argentina

    Capitanich: Paris Club agreement must respect national interests

    Chief of Cabinet Jorge Capitanich has assured that any negotiations held with the influential Paris Club will have to comply with what the politician dubbed Argentina's "national interest and capacity to pay."

  • 27/12/2013 | Argentina

    Gov't signs debt restructuring deal with 18 provinces

    National government officials today met with provincial governors to sign a deal whoch will refinance the debts of 18 provinces every three months.

  • 27/12/2013 | Argentina

    Scioli praises 'positive social, economic impact' of debt restructure

    BA province Governor Daniel Scioli has highlighted the positive impact of the agreement between provincial chiefs and the national government, which pledged to restructure the debts of 18 regions in Argentina.

  • 08/01/2014 | Argentina

    Gov’t will allow imports to sustain new price deal

    Cabinet Chief Jorge Capitanich revealed today that the Federal Government authorized the imports of products in order to sustain the new price deal and guarantee a steady provision to the public.

  • 23/12/2013 | Argentina

    List of agreed prices with supermarkets to be published on January 3

    Cabinet Chief Jorge Capitanich today announced a list of agreed prices with supermarkets and providers will be published next January 3 on the official gazette regularizing the measure.

  • 23/12/2013 | Argentina

    Gov't to sign debt refinancing deal with 18 provinces

    Cabinet Chief Jorge Capitanich today confirmed the government will sign with 18 provinces an agreement to refinance debt which will be in effect for three renewable months.

  • 23/12/2013 | Argentina

    Gov't, businessmen, unions met to boost investments, curb informal employment

    Cabinet Chief Jorge Capitanich and Economy Minister Axel Kicillof were attending this morning a meeting with businessmen and union leaders to discuss several pending topics such as wage talks, investments and economic goals for next year.

  • 20/12/2013 | Argentina

    Kicillof asks businessmen for 'responsibility'

    After the government and supermarket chambers signed a deal to keep prices unchanged for one year starting January 1, Economy Minister Axel Kicillof announced a “system of permanent monitoring” will be created, to report price variations.

  • 21/12/2013 | Argentina

    Capitanich: 'We want to protect the prices of your production'

    Cabinet Chief Jorge Capitanich announced a new series of agricultural subsidies for local producers, during a rally in Ituzaingó, province of Buenos Aires.

  • 22/12/2013 | Argentina

    The trickle-down effect

    By James Neilson
    According to Cabinet chief Jorge Capitanich, the mutinous cops and the thousands of looters whose rampage helped them get a big pay rise were working on behalf of coup-mongers, nasty individuals associated with “remnants of the dictatorship” and sinister “corporations” that are determined to put an end to Argentina’s already 30-year long affair with democracy.

  • 19/12/2013 | Argentina

    Capitanich urges power companies to account for blackouts

    In his daily press briefing at the Government House, the chief of staff urged to have a “reasonable debate” and considered “essential” that energy companies “give explanations to users” amid the massive blackouts of the last days.

  • 19/12/2013 | Argentina

    Bank holidays set for December 24, 31

    The Central Bank today stipulated public and private banks will remain closed on December 24 and 31 across the country, Cabinet Chief Jorge Capitanich announced earlier at the Government House.

  • 19/12/2013 | Argentina

    Government urges energy providers to restore service

    Cabinet Chief Jorge Capitanich today gave a press briefing to inform about the results of a meeting he held earlier at the Government House with representatives of the Planning Ministry, the ENRE regulator agency, and of Edenor and Edesur, the two energy giants which provide electricity service in Buenos Aires city and province. 

  • 16/12/2013 | Argentina

    Capitanich to businessmen: ‘Invest and stop speculating’

    Cabinet Chief Jorge Capitanich today urged businessmen to “invest and stop speculating” in a press conference which moved from price controls, inflation, to wage talks being held with different sectors.

  • 17/12/2013 | Argentina

    Capitanich urges companies to invest to avoid power cuts

    “Private companies are responsible for the power cuts,” Cabinet Chief Jorge Capitanich referred today to the increasing blackouts in the City and the province of Buenos Aires caused by the power demand amid soaring temperatures and urged companies to boost their investments.

  • 18/12/2013 | Argentina

    Gov't insists power cuts must be 'scheduled'

    Amid massive blackouts and an electricity consumption that hit another record yesterday, Cabinet Chief Jorge Capitanich urged companies to implement a "system of scheduled cuts" to guarantee the service.

  • 09/12/2013 | Argentina

    Police crisis: Capitanich says 'Judiciary must do something,' talks about 'extortion'

    Cabinet Chief Jorge Capitanich came on stage today to speak about the police crisis which has spread to several provinces. He assured the Government is “monitoring the situation with each provincial government and with each one in charge to generate mechanisms of social and civic protection.”

  • 12/12/2013 | Argentina

    Federal government to create new Metro-bus line

    During a press conference from the Government House, Cabinet Chief Jorge Capitanich announced the creation of a Metro-bus line sustained by World Bank funds, valuated in 90 million dollars.

  • 16/12/2013 | Argentina

    ‘Government will guarantee price controls’

    In his daily and early press conference, Cabinet Chief Jorge Capitanich today assured the government wants to “look after the consumers’ pockets.” “We will identify the mass consumption goods and we will ensure price controls are respected,” he said.

  • 05/12/2013 | Argentina

    Capitanich says meeting with Bonfatti 'positive'

    In another round of bileteral talks with provincial governors, Cabinet Chief Jorge Capitanich today met with the governor of Santa Fe province Antonio Bonfatti at the Government House.

  • 05/12/2013 | Argentina

    Minister: Argentina to ease restrictions on Brazilian imports

    Argentina will from next week open the doors for Brazilian imports held up on the border between the two nations, including footwear and motor vehicles, according to Brazilian Minister of Development, Industry and Foreign Trade Fernando Pimentel.

  • 05/12/2013 | Argentina

    Capitanich warns against Supreme Court 'interference' in Executive power

    During a press conference in the Government House, Cabinet Chief Jorge Capitanich assured that the Government “did not received any formal request for an audience” by the Supreme Court magistrates, and warned of an “interference in the executive.”

  • 03/12/2013 | Argentina

    Macri, Scioli, to meet with Capitanich today

    Cabinet Chief Jorge Capitanich will meet today at the Government House with Buenos Aires Governor Daniel Scioli and Buenos Aires City Mayor Mauricio Macri. The meetings were going to be held tomorrow but were rescheduled for today.

  • 03/12/2013 | Argentina

    US praises Argentine agreements with Repsol and ICSID

    By Pablo Jiménez
    A UIA meeting in Cardales was the stage for the first meeting between the Cabinet Chief and the United States' most senior representative in Argentina. Kevin Sullivan, who is in charge of the US embassy on an interim basis, met with Jorge Capitanich backstage at the industrial organisation's annual event.

  • 03/12/2013 | Argentina

    Capitanich and Macri agree on 'shared agenda' during meeting

    National Cabinet Chief Jorge Capitanich and Buenos Aires Mayor Mauricio Macri met today for the first time since the new cabinet member took his position, with both politicians exalting a "shared agenda" on addressing reporters following the summit.

  • 01/12/2013 | Argentina

    A week in Argentina with everything in place

    By Mempo Giardinelli
    An intense, hyperactive and surprising week has just come to an end in this republic. As the president came out of mourning and while Chaco Governor Jorge Capitanich was at pains to show that he is a different kind of Cabinet chief, the political atmosphere seemed to clear with the approval rapidly showered on the brand-new official

  • 02/12/2013 | Argentina

    Capitanich reacts to US comments on Central Bank reserves, confirms subsidy cuts

    In his daily press briefing at the Government House Cabinet Chief Jorge Capitanich today reacted to the White House comments on the Argentine Central Bank reserves, saying “I am worried about the US and UK debt level.” The US public debt reaches over 100 percent of its GDP, he warned.

  • 25/11/2013 | Argentina

    Capitanich visits San Juan governor Gioja in Hospital Italiano

    Chief of Cabinet Jorge Capitanich today paid a visit to San Juan governor Jorsé Luis Gioja, a day after the politician arrived in Buenos Aires to continue his recuperation following a helicopter crash in October.

  • 27/11/2013 | Argentina

    Capitanich confirms he will brief lawmakers once a month

    After meeting with the heads of the different caucuses at the Senate, Cabinet Chief Jorge Capitanich, considered the meeting was “good and productive” and informed they agreed on a mechanism so he attends the Congress once a month to brief lawmakers on major national topics.

  • 28/11/2013 | Argentina

    Capitanich praises ANSES, governors work in providing homes

    Chief of Cabinet Jorge Capitanich has announced that the Argentine federal government will finance the purchase of 40,000 land lots in the north of the country, investing around 4 billion pesos in a project that will provide housing for families in the region.

  • 25/11/2013 | Argentina

    AMIA: Argentina urges Tehran to give "formal response" to proposal

    Cabinet Chief Jorge Capitanich today praised the deal struck during the weekend between Iran and six world powers to limit Tehran’s nuclear activities, and referred the talks held by Argentine and Iranian officials to "negotiate the terms" of the Memorandum of Understanding reached earlier this year.

  • 25/11/2013 | Argentina

    Capitanich to invite Macri, Bonfatti to meetings at Government House

    Cabinet Chief Jorge Capitanich today announced he would submit formal invitations to Buenos Aires City Mayor, Mauricio Macri, and Santa Fe Governor, Antonio Bonfatti, to hold meetings at the Government House.

  • 25/11/2013 | Argentina

    Macri and Bonfatti pleased with Capitanich invitation to talks

    The government of the Province of Santa Fe, led by Governor Antonio Bonfatti, and City mayor Mauricio Macri today declared that they was pleased by the invitation extended by Chief of Cabinet Jorge Capitanich to open a dialogue with the national government.

  • 24/11/2013 | Argentina

    The Capitanich of the ship

    By Martín Gambarotta
    It’s a fact: doctors have told President Cristina Fernández de Kirchner, who underwent head surgery on October 8 to drain a hematoma, to avoid stress. But what about the rest of you? How are you lot coping with the stress of living in Argentina?

  • 24/11/2013 | Argentina

    Cristina’s last stand

    By James Neilson
    Cristina’s economic “model” is a contraption worthy of Heath Robinson, the English cartoonist who preceded his US counterpart Rube Goldberg.

  • 24/11/2013 | Argentina

    Capitanich: 'There is no precedent for what has been achieved'

    New Chief of Cabinet Jorge Capitanich has defended his record as governor of the province of Chaco, stating that his time at the region's helm coincided with deep drops in poverty levels and improvements in living standards.

  • 21/11/2013 | Argentina

    Capitanich denies 'personal or political aspirations' for 2015

    Asked about his personal and political aspirations for 2015, newly appointed Cabinet Chief, Jorge Capitanich, assured he will work “without personal or political aspirations,” adding his mission is to “meet the goals” set by the government for the next two years.

  • 22/11/2013 | Argentina

    Gov't to send bill to Congress to raise taxes on luxury goods

    Cabinet Chief Jorge Capitanich today announced the government will send today a bill to Congress to raise taxes on luxury goods. “Those who want to buy luxury goods will have to pay more,” he warned.

  • 22/11/2013 | Argentina

    'Value chain distortion' tops Gov't agenda, Capitanich

    Two days after being officially sworn-in as Cabinet Chief, Jorge Capitanich was holding today a series of meetings with union and private-sector leaders joined by Axel Kicillof, the newly appointed Minister of Economy. The government is putting the focus on the “distortion” of the value chain, Capitanich said while briefly addressing reporters at the government house.

  • 20/11/2013 | Argentina

    Cristina arrives at Government House

  • 21/11/2013 | Argentina

    Capitanich offers to hold daily talks with journalists

    In a clear shift in the Kirchnerite administration’s mode towards the press, Cabinet Chief Jorge Capitanich announced he is willing to hold daily talks with the media, “early” at the Government House.

  • 04/03/2013 | Argentina

    Capitanich: 'In Media Law case, Supreme Court didn't act independently'

    Chaco Governor Jorge Capitanich harshly criticized the Supreme Court, as he assured that “it hasn’t acted independently” in the Media Law case.

  • 18/11/2013 | Argentina

    Cristina switches her team: Capitanich cabinet chief, Kicillof economy minister

    President Cristina Fernández de Kirchner has decided to make several changes to her cabinet of ministers following disappointing results for the Victory Front in October's legislative elections.

  • 20/11/2013 | Argentina

    CFK swears in new cabinet figures in Government House

    President Cristina Fernández de Kirchner today returned to the Government House for the first time since retaking executive powers, as new members of the national cabinet were sworn in by the head of state.

  • 17/05/2012 | Argentina

    'We should only discuss candidacies in 2015,' Capitanich

    Speaking as a guest on the Ambito Debate TV show, Chaco governor Jorge Capitanich said he respects Scioli’s statements but added that he believes “his responsibility now is to govern.”

  • 26/06/2012 | Argentina

    'I should be respected,' Capitanich tells Moyano

    Chaco's Governor, Jorge Capitanich, took on to Twitter his outrage over CGT Labour Confederation boss Hugo Moyano after the latter made some piquant remarks yesterday questioning the governor's credibility for having allegedly allowed an American military base to be built in the Northern province.

  • 18/10/2012 | Argentina

    Capitanich: ‘Nat’l Gov’t not involved in peso bonds swap decision’

    Chaco governor Jorge Capitanich once again defended the decision to swap a dollar debt into pesos and assured that the National Government had not had any involvement in the decision he made last week. He also stated that the province followed a Central Bank disposition.

  • 19/09/2011 | Argentina

    Aníbal Fernández: 'Only a great administration allows such a victory in Chaco'

    Cabinet Chief Aníbal Fernández came on stage to congratulate Chaco’s governor, Jorge Capitanich, who was re-elected last night after obtaining over 65 percent of the vote. Thus, the minister said “Only a great administration allows one to obtain such a large margin victory.”

  • 17/11/2011 | Argentina

    Capitanich highlights subordination of economy to politics

    Chaco’s Governor Jorge Capitanich highlighted the “subordination of the economy to politics” while visiting Ámbito de Debate TV show, and added that the only one “who has a clue over the new cabinet is the President.”

  • 09/12/2011 | Argentina

    Capitanich sworn in as Chaco governor

    Jorge Capitanich was sworn in today as the governor of Chaco Province. The governor assured his government will be centered on “honesty, transparency, efficiency and institutional sharpness.”

  • 21/12/2010 | Argentina

    CFK ‘is a natural presidential candidate for 2011,' Chaco governor says

    Chaco governor Jorge Capitanich assured that most leaders in the Justicialist Party acknowledge President Cristina Fernández de Kirchner's ability to lead, adding that the opposition is "in no conditions to compete" with her.

  • 24/06/2011 | Argentina

    Capitanich to seek re-election in Chaco, dismisses vice-presidency

    Chaco Province Governor Jorge Capitanich, confirmed his intentions to seek re-election in the provincial elections on September 18 and dismissed the possibility of him being President Cristina Fernández de Kirchner’s running mate in the presidential elections, claiming that it had “never been in his plans,” to go for the vice president role.

  • 18/09/2011 | Argentina

    Capitanich claims victory, thanks CFK

    Jorge “Coqui” Capitanich governor of Chaco province has claimed victory during press conference that took place this evening at Chaco Province. The governor thanked President Cristina Fernández de Kirchner for her support. “This triumph is also yours Cristina.”

  • 02/06/2014 | World

    Gov’t slams UIA's Méndez, opposition leaders and defends subsidies policy

    Cabinet Chief Jorge Capitanich defended the government’s subsidies policy after UIA's head Héctor Méndez called for “economic adjustments” yesterday. “[The government] is encouraging “industrial development,” Capitanich said and praised energy subsidies as one of the key aspects of that policy.

  • 14/07/2014 | In Depth - 2014 FIFA World Cup Brazil

    Capitanich congratulates national team, condemns violence at the Obelisc

    The Cabinet Chief Jorge Capitanich congratulated the national team for its performance at Brazil’s World Cup and condemned the vandalism that marred yesterday’s celebrations in downtown Buenos Aires.


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