Argentine President
Condemns Political Moves Against Government
BUENOS AIRES - Argentine President Cristina
Fernandez Monday condemned political moves
aided by the country's justice sectors to
impede the running of her government.
"There are clear, strong, very evident
manoeuvres to obstruct the performance of
the state powers. It is very clear that the
only thing (the opposition) wants is to set
obstacles, to make politics with laws and to
obstruct the government's management," said
Fernandez during an event in the building of
the National Bank in Buenos Aires.
Federal Judge Maria Jose Sarmiento suspended
Friday a presidential decree to transfer
6.569 billion U.S. dollars from the
international reserves to pay the country's
external debt.
Sarmiento also ordered the restitution of
Martin Redrado, governor of the Argentine
Central Bank, who was deposed Thursday by
the president for refusing to make the
transfer.
However, the president reaffirmed the need
of using the currency reserves to pay the
external debt due this year, which the
government hoped would pave the way for
Argentina's return to international credit
markets.
The country's economy -- Latin America's
third largest -- is still struggling to
recover from a massive default in 2001,
which struck Argentina's finances and closed
its access to international credit markets.
Legal experts are divided over whether
lawmakers or the courts can overturn the
presidential decrees, but Fernandez's
opponents say the decrees are
unconstitutional because the measures needed
approval from the congress.
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