
Dr. Hans-Dieter Holtzmann
Project Director for Argentina, Brasil, Paraguay y Uruguay
The enlargement of the BRICS group at the beginning of the year to include five new member states raises questions about the political and economic consequences. What do the existing members expect from the expansion? What do the new ones expect? What does BRICS enlargement mean for the West, and what could a liberal response to this look like?
The general strike on 24 January will be an important indicator of how much support Milei still has among the majority of the population and whether he can gain further momentum for his ambitious reform course or whether he will have to brace himself for increased headwinds.
Argentina is on the verge of political change: Javier Milei will be sworn in as the new president on Sunday. However, conflicts are already emerging in Congress and new foreign policy priorities, especially in relation to the US and Europe, raise questions about Argentina's future direction. The path President Milei takes will not only determine the country's economic recovery, but will also have a significant impact on the acceptance of his reforms among the population and on Argentina's international relations.
With Javier Milei as the new president, Argentina is facing a political transformation. The transition to the presidency poses challenges in the dialogue with Peronist President Alberto Fernández and in the complex composition of Congress. Milei's reform agenda and international relations are causing uncertainty. Positive market reactions after the election give hope for economic recovery, while the focus is on implementing structural reforms and preserving democratic institutions.