Brazil’s recession greater risk than Brexit for Argentina: could chip 1.5 percentage points from GDP

Recessão no Brasil é risco maior do que o Brexit para a Argentina: poderia reduzir 1,5 pontos percentuais do PIB.

“The government is very confident in the second half of the year, when the inflation rate would slow down to between 2 and 2.5% in June” said the Argentine minister.

“We think the dirty work is mostly done,” Prat-Gay said, calling president Macri “very brave” for spending his political capital on unpopular economic austerity measures such as the recent hike on natural gas, electricity and running water…. (MERCOPRESS)

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