Veteran Argentine Politician Seeks Middle Ground In Tight Electoral Race

www.oann.com | 4/9/2019 | Staff
EGFZE (Posted by) Level 3
BUENOS AIRES (Reuters) – In the run-up to Argentina’s presidential election this year, a third potential candidate is seeking to stake out the middle ground, tapping into rising discontent among the country’s voters amid swirling economic crisis.

Roberto Lavagna, a former economy minister and part of the moderate flank of the Peronist opposition, is positioning himself between President Mauricio Macri’s austerity economics and left-leaning former leader Cristina Fernandez de Kirchner.

Future - Extremes - Argentine - Politics - Years

“We’re looking for a future outside the two extremes that have been dominating Argentine politics for the last eight years,” he told Reuters and other media on Tuesday.

“That’s not Macri’s economic tweaks, and not the indiscriminate intervention of the previous government,” he said, referring to Fernandez, whose policies included high subsidies and currency controls.

Election - Run - People - June - Deadline

He did not announce or rule out an election run. People close to him politically said he would likely stay quiet until closer to a June deadline for candidates to formally enter the race.

He would be a dark horse candidate, but has been rising lately in opinion polls. Fernandez and Macri currently command around 30 percent support each, while Lavagna polls at a little over 10 percent.

Lavagna - Stewardship - Argentina - Economy - Devaluation

Lavagna is best-known for his stewardship of Argentina’s tumultuous economy during 2002 to 2005, when he led a devaluation of the peso currency and the restructuring of Argentina’s debt, months after the largest sovereign default in history of nearly $100 billion.

That was followed by a strong revival in growth of over...
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