Political Risk Latin America Blog @PolRiskLatam

Kirchner death impact on Argentina unclear-Moody’s

Posted in News and Articles, Political Risk by politicalrisklatam on November 5, 2010

Reporting by Walter Brandimarte; Editing by James Dalgleish for Reuters, November 5th, 2010.

The political impact of the death of Argentina’s former president Nestor Kirchner is still uncertain, Moody’s analyst Patrick Esteruelas said on Friday.

“The market consensus is that the tragic death of Kirchner has increased the possibility that we can have a regime change that can result in improvement in the policy mix of Argentina,” Esteruelas told an investor conference in New York. “We hold a more careful view,” he added, arguing that a positive international environment can increase the reelection chances of President Cristina Fernandez, Kirchner’s widow.

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