Saturday
February 9, 2013
Results for: subsidies

  • 26/09/2012 | Argentina

    Subway system won't survive without subsidies, Metrovías says

    Metrovías Subway and Tram company Press Officer Mariano Gibaut informed today that the system cannot be afforded without subsidy funds. Likewise, the company assured that if the ongoing conflict persists, the service could be cancelled.

  • 26/09/2012 | Argentina

    'Let's hope the City Gov't doesn't decide to close the subway,' Randazzo

    Interior Minister Florencio Randazzo hopes that “the City Mayor doesn’t decide to close the subway” as the Metrovías concessionary company announced that the service cannot continue without subsidies, which Macri refuses pay.

  • 14/11/2012 | Argentina

    Lorenzino: 'We created subsidy register for the state to intervene intelligently'

    Economy Minister Hernán Lorenzino and Deputy Economy Minister Axel Kicillof spoke to reporters today over the launch of a register which will include public policies related to production incentives.

  • 08/03/2012 | Argentina

    De Vido makes strongly defends transport subsidies

    During the inauguration ceremony held for newly-appointed Transport Secretary Alejandro Ramos today, Planning Minister Julio De Vido defended achievements made in the sector, stating that the Government would “maintain the subsidies” on public transport and that the sensitive issue "would be resolved by May."

  • 26/07/2012 | Argentina

    Gov't unveils details of transport subsidies

    Interior and Transport Minister Florencio Randazzo was giving a press conference this morning, in order to announce the distribution of subsidies on bus and train travel in Buenos Aires City and the rest of the country's provinces.

  • 25/09/2012 | Argentina

    Pianelli: 'If subway fare skyrockets to AR$ 5, only tourists will travel'

    The secretary general of the Subway and Tram Union Association Roberto Pianelli reiterated today his criticism over a possible fare hike after the national government's subsidies cut scheduled for December.

  • 06/12/2011 | Argentina

    Gov't to analyse individuals' incomes to grant transport subsidies, Schiavi says

    Transport Secretary Juan Pablo Schiavi confirmed today that subsidy cutbacks on public transportation will follow the same policies applied for utilities such as water, gas and electricity, in that the government will analyse individuals' incomes to determine who deserves them.

  • 25/01/2012 | Argentina

    'SUBE outlets now open until 7pm,' Schiavi

    Transport Secretary Juan Pablo Schiavi announced today that oulets offering SUBE electronic-cards will extend their working hours until 7pm as “the demand has increased by 300 percent.”

  • 03/02/2012 | Argentina

    Gov't cuts fiscal plans for oil companies to save $2B per year

    Planning Ministry reported it has decided to suspend the application of the fiscal incentive programmes denominated Petróleo Plus and Refino Plus for the large companies of the sector. It also announced that this will allow savings of 2 B pesos per year.

  • 16/11/2011 | Argentina

    Further subsidy cuts are 'very positive,' Macri

    City Mayor Mauricio Macri stated that the Government’s decision to extend subsidy cuts is “ very positive,” and highlighted that “it’s reasonable that we move from a model that hands subsidies to those who have more and move to concentrate on those who need them the most.”

  • 21/11/2011 | Argentina

    UIA supports subsidy cutbacks if led progressively

    Argentine Industrial Union (UIA in Spanish) Vice President, Juan Carlos Sacco, assured today that the entity has long asked for a change of the subsidy policies, but warned that “it shouldn’t be an abrupt change but rather progressive.”   

  • 29/11/2011 | Argentina

    'Subsidies elimination will be done in a personalized way,' De Vido insists

    Planning Minister Julio de Vido insisted that the subsidies elimination will be done “gradually and in a personalized way.” He also explained that it would expand over neighbourhoods in a gradual fashion.

  • 04/11/2011 | Argentina

    Lescano:'We've always supported the profit-sharing bill'

    Oscar Lescano, the head of the power workers union, assured that they “have always supported the profit-sharing bill” triggered by the CGT labour confederation union, but he considered that “is not a priority for the government,” while visiting Ambito de debate tv show.

  • 05/11/2011 | Argentina

    'The lift of subsidies won't necessarily affect prices,' De Mendiguren

    Upon his return from the G20 Summit in Cannes, Argentine Industrial Union head José Ignacio de Mendiguren said that the Government’s decision to lift subsidies on several public services “if done in the right way, it won’t necessarily be reflected in prices. If subsidies aren’t permanent, they must by reassigned at some point,” he stated.

  • 06/11/2011 | Argentina

    González Fraga praises Gov't decision to cut down subsidies

    Economist and former vice-presidential candidate Javier González Fraga praised the Government’s decision to end utility subsidies on corporations. “Subsidies today benefit those who have the most and are in a condition to pay full fares,” Alfonsin’s former running mate explained. 

  • 18/04/2011 | Argentina

    Squatter families set up tents, demand subsidies in Montserrat neighbourhood

    Over 20 squatter families that were evicted from a property in the city neighbourhood of Montserrat last week set up several tents on México Street, where the building they inhabited is located, and demanded $8,000 pesos in subsidies from the City Government in order to relocate to a different area.

  • 02/11/2011 | Argentina

    'Utility rates will not be changed,' De Vido states

    Planning Minister Julio De Vido denied that the announcements made over subsidies implied a rise in tariffs on services. “Utility rates will not be modified. What is being changed is the range for granting subsidies, depending on industrial needs” he assured.  

  • 02/11/2011 | Argentina

    Opposition praises lift on subsidies but remains cautious

    Opposition leaders celebrated the Government’s decision to lift subsidies on public services and agreed that it was both “necessary and a decision that had to be made now.”

  • 11/07/2012 | World

    Spanish police clash with protesting miners

    Police fired rubber bullets at protesting miners, injuring several people, during a demonstration against slashes in coal subsidies aimed at trimming the budget deficit of the euro zone's fourth largest economy.

  • 31/03/2011 | World

    Boeing received banned US subsidies: report

    Planemaker Boeing received at least $5.3 billion of dollars of banned US subsidies, the World Trade Organization said.

  • 23/04/2011 | World

    Obama says there's 'no magic bullet' to push down petrol prices

    Barack Obama told Americans there is no "magic bullet" to bring down high petrol prices and said he wants to end what he called US$4 billion in taxpayer subsidies to oil and gas companies.

  • 07/05/2011 | World

    Obama pivots from bin Laden's death to economy

    President Barack Obama turned from national elation over the killing of America's most wanted foe to face the threat that high gasoline prices and unemployment pose to his own 2012 re-election hopes.


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