Argentina's Fernandez signals policy shifts with new cabinet, economy chief [Reuters]
YPF Sociedad Anonima (YPF)
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Source: Reuters
Argentina's Fernandez signals policy shifts with new cabinet, economy chief BUENOS AIRES (Reuters) - Argentine President-elect Alberto Fernandez unveiled his cabinet and new central bank chief on Friday evening, laying out his core team days before the center-left leader takes office facing a stalled economy, rising debt fears and painful inflation. Fernandez named Martin Guzman, 37, as economy minister, who will need to help steer debt restructuring negotiations with international creditors and the International Monetary Fund over around $100 billion in sovereign debt. Fernandez’s cabinet and key economy pick underscore a sharp shift from the austerity policies under outgoing conservative President Mauricio Macri. They also highlight a balancing act by the South American country’s new leader, as he seeks to address the varied demands of his disparate Peronist coalition. “It suggests a moderate approach by Fernandez towards the (economic) issue,” said Gabriel Brasil, lead political an
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