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Nationwide Strike in Focus Amid Congress Vote On Milei’s Omnibus Bill

ARGENTINA
  • Argentina’s umbrella union CGT and other social movements have called a nationwide strike as lawmakers are poised to start voting on a package of wide-ranging economic and government reforms. The reforms have been proposed by President Javier Milei’s administration to shore up fiscal accounts and reduce the presence of the state in the economy. The so-called omnibus bill was approved by members of the general, budget and constitutional committees in the first hours of Wednesday.
    • The financial times reported that one union leader previously accused the government of “breaking the social contract” and reneging on deals with unions. Gerardo Martínez belongs to a moderate wing of the CGT that has broadly championed negotiations with Argentine governments. But he said that, though he held talks with Milei officials soon after the president took office last month, “nothing we agreed was reflected in the labour reform they suddenly presented, which breaks Argentina’s social contract”.
    • “There will be at least 200,000 marching [in Buenos Aires] and I believe the strike will be total”, he added.
  • Separately, Foreign Minister Diana Mondino meets her Uruguayan and Paraguayan counterparts along with participating in a meeting of Mercosur foreign ministers where they’ll discuss the bloc’s planned trade deal with the EU.
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