The Economist: “In the end it was a landslide. The party of President Javier Milei, Liberty Advances (LLA), won Argentina’s midterm elections with almost 41% of the vote. The Peronist opposition, including the main party and its regional allies, trailed by nine percentage points. LLA even won in Buenos Aires province, where they had lost a provincial election by 14 points last month. The resounding win far surpassed the expectations of pollsters and markets, which clustered around a draw or perhaps a modest victory for Mr Milei.”
Said Milei: “Today we pass the turning point. Today begins the construction of a great Argentina.”
“The result gives a jolt of energy to Mr Milei’s radical libertarian reform program, which has been faltering for much of this year. He now has an opportunity to reshape Argentina’s economy with sensible macroeconomic management and free markets. Crucially, he should have the numbers in Congress to defend his presidential vetoes, thereby preventing the left-wing opposition from forcing through heavy spending on their own priorities. That renews the credibility of his impressive fiscal discipline.”

