News of shutdown

Economic activity fell 11.5% in March as lockdown kicked in

20-05-2020 18:12 INDEC national statistics bureau reveals economy contracted by 11.5% in March, as lockdown kicked in. Experts anticipate that April's data will be even worse.

Coronavirus pandemic

As economies stagger, pressures grow to ease virus lockdowns

30-04-2020 08:33 The European economy shrank a record 3.8 percent in the first quarter as hotels, restaurants, construction sites and manufacturing were frozen by coronavirus shutdowns. It was the biggest drop in the eurozone since statistics began in 1995 and compares to a 4.8 percent contraction in the United States.

PRE-PANDEMIC

Economic activity contracted by 2.2% in February, says INDEC

28-04-2020 18:34 National statistics bureau reveals economy contracted by 2% in first two months of 2020, prior to the coronavirus-induced shutdown in economic activity.

ECONOMIC INDICATORS

Poverty will likely climb to 45% as result of lockdown, says UCA

24-04-2020 00:44 Agustín Salvia, director of UCA’s influential Social Debt Observatory, says poverty rate in the first quarter of the year will likely rise to around 45% amid coronavirus pandemic.

Nationwide lockdown

Cafiero: 'Starting Monday, activities will be resumed in some provinces'

17-04-2020 15:48 Government will allow resumption of limited activities in select provinces without 'viral circulation' as from Monday, Cabinet Chief Santiago Cafiero confirms.

EXCLUSIVE INTERVIEW

Levy Yeyati: 'We’re only just starting to perceive the costs of this crisis’

11-04-2020 08:43 Economist and professor Eduardo Levy Yeyati discusses the impact of the Covid-19 pandemic and gives his view on the government’s measures to tackle the spread of the virus in Argentina.

by Fermin Koop

Coronavirus pandemic

Government issues decree banning unjustified lay-offs for 60 days

01-04-2020 22:13 Short decree issued by government, signed by all Cabinet members, bans dismissals and layoffs "due to force majeure or the lack or diminishment of work” for the next 60 days.

Coronavirus pandemic

Trump extends virus guidelines, braces US for big death toll

30-03-2020 09:21 US president, who has largely avoided talk of potential death and infection rates, cited projection models that said potentially 2.2 million people or more could have died had social distancing measures not been put in place.

Coronavirus pandemic

Government closes all border crossings until March 31

27-03-2020 02:23 Decree orders closure of all border crossings until March 31, shutting off access to citizens and visitors in bid to halt advance of the coronavirus outbreak.

CORONAVIRUS PANDEMIC

Government pledges financial support for low-income sectors

21-03-2020 08:02 The government announced on Tuesday six new measures to diminish the economic fallout from the coronavirus crisis for the lowestincome sectors.

NATIONWIDE LOCKDOWN

Argentina begins unprecedented nationwide lockdown

21-03-2020 07:52 Argentina awakes to new reality, as Alberto Fernández announces “preventative and compulsory” lockdown of Argentina until March 31 in bid to stop the spread of coronavirus.