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Yearbook 2011

Argentina. A politically very successful year for incumbent President Cristina Kirchner ended as expected with a big win in the October 23 presidential election. Victory was historic in many ways. According to Countryaah official site, Kirchner became the first female president ever to be re-elected. It was also the first time that the Peronist Party (Partido Justicialista, PJ) won a third term in a row, and the victory margin was the largest in Argentina's history - 54% against second-placed socialist Hermes Binner, who only got 17%. The large victory margin was largely due to Kirchner's success in winning in all major cities except Rosario, and in the capital, Buenos Aires, she received more than a third of all votes cast.

2011 Argentina

At the same time, Kirchner succeeded in regaining control of both chambers of Congress. The government coalition Frente para la Victoria (FPV) increased the number of seats in the Chamber of Deputies from 87 to 116. Together with the alliance parties, the government thus gained a majority to count on in the future, even though it was not large enough for constitutional reforms. Among the opposition parties, the largest, Unión Cívica Radical (UCR), was the big loser and saw its number of seats reduced from 43 to 40. Even in the Senate, the strength of relations to the FPV's advantage was postponed and the government, after party negotiations, may also have a comfortable majority where.

The election year 2011 also meant that government-friendly governors govern all but one of Argentina's provinces - Santa Fé, San Luís and the city of Buenos Aires. However, the victory in the presidential election came in the midst of an economically troubling time. Just four days later, hard currency controls were introduced to keep the exchange rate stable and prevent capital flight. Above all, President Kirchner was under pressure to reduce government spending, among other things. by reducing government energy subsidies to a total value of $ 141 million for successful companies, and halting inflation that reached 7% during the year. The measures were expected to create tension, especially with the residents of the metropolis of Buenos Aires and with the union. According to a survey, three Argentines live below the poverty line.

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