Macri topples Argentina's Peronists, tough reforms ahead




 
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Macri topples Argentina's Peronists, tough reforms ahead
 
November 23rd, 2015  
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Topic: Macri topples Argentina's Peronists, tough reforms ahead


Macri topples Argentina's Peronists, tough reforms ahead
By Richard Lough BUENOS AIRES (Reuters) - Conservative challenger Mauricio Macri turned Argentine politics on its head on Sunday, kicking the ruling Peronist movement out of power with a promise to liberalize the ailing economy and end a culture of divisive politics. Macri, the son of an Italian-born construction magnate, won the election by tapping into frustration over anemic growth, high inflation and corruption, and will become only the third non-Peronist leader since the end of military rule in 1983. The other two failed to finish their terms, however, a reminder of the difficulties that Peronist labor unions, state governors and opponents in Congress could cause Macri if he is unable to get the economy growing quickly.




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