Argentina Business Leaders, Unions Protest Milei After 30,000 Companies Close
The economic crisis once again brought thousands of Argentines onto the streets of Buenos Aires this Thursday, in a day of protests whose main demands centered on household debt, the consequences of President Javier Milei’s austerity policies, and the closure of more than 30,000 companies since late 2023. The demonstrations took place in downtown Buenos […]
Business leaders and workers in Argentina took to the streets this Thursday to protest President Javier Milei's economic policies, which have resulted in the closure of over 30,000 companies since late 2023. The demonstrations, held in downtown Buenos Aires, focused on household debt, the consequences of Milei's austerity measures, and the alarming rate of business closures.
Meanwhile, unions and social organizations protested separately, highlighting the growing indebtedness of households, particularly among lower- and middle-income sectors, as families increasingly turn to credit to cover basic expenses. The protests coincided with National Businessman's Day, providing a backdrop for business owners to publicly demand a change in economic direction.
With the country's business sector facing significant challenges, the debate over the government's economic model has become more complex, with both business owners and unions raising concerns about the impact on consumption, employment, and productive activity.
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