Despite a moderate effect on asset prices, Argentine markets welcomed the legislative approval of the 2026 budget on Friday. According to analysts, markets were expecting the bill to be passed and are now looking to see how the administration will carry out structural reforms. “The approval of the budget is very important, but it was already expected, hence today’s moderate reaction from financial assets,” independent financial analyst Gustavo Ber told the Herald. Argentine companies on Wall Street, traded through American Depositary Receipts (ADRs), were stable, suffering a few slight losses. “They will always need a bailout — for a year and a half, we have been going from bailout to bailout, and well, you can’t live on bailouts,” Repetto concluded.

Source: Bueno Aires Herald December 30, 2025 01:11 UTC