04 March 2010

ARGENTINA: Senate Plays Rough, Seeks To Remove New Central Bank Chief.

BLOOMBERG/   Argentina's senators want to get rid of Mercedes Marco del Pont as head of the central bank when they hold their next full session on March 11, said opposition Senator Samuel Cabanchik. “We are going to have enough votes on the floor to reject the appointment." President Cristina Kirchner's opposition controls both houses of congress and has challenged the Yale-educated economist Marco del Pont over the March first transfer of $6.6 billion to the Treasury immediately after Fernandez announced two decrees ordering the use of reserves to pay debt.