August 4, 2020 |
Argentine President Alberto Fernández has backtracked on plans to expropriate Vicentín, a financially struggling agriculture group, saying that he is not willing for the state to take on private debts, a move that comes after widespread protests against the violation of property rights.
In a series of tweets, Fernández said he was repealing the June 9 decree that ordered a 60-day intervention in the company. "Our intention was always to rescue the company, preserve the assets, collaborate with t
President Fernández says he does not want to the country to take on debt for soy exporter's "irresponsible" decisions