Particle.news

Download on the App Store

Violent Clashes Erupt in Buenos Aires After Pension Hike Blocked

Protests intensify as President Milei's veto of pension increase is upheld, sparking outrage among retirees and opposition lawmakers.

  • Argentine President Javier Milei's veto on a proposed pension hike was upheld by the lower house, failing to secure the two-thirds majority needed to override it.
  • The blocked pension increase aimed to mitigate the impact of Argentina's nearly 240% inflation on retirees, representing approximately 0.45% of GDP.
  • Hundreds of protesters, including many pensioners, clashed with police outside Congress, resulting in injuries and hospitalizations among demonstrators and opposition MPs.
  • Milei defended his veto, emphasizing the need to maintain fiscal balance and curb the country's chronic deficits, despite criticism that his austerity measures disproportionately affect the poor.
  • The president's controversial economic reforms, including mass privatization and labor law relaxation, have sparked widespread discontent amid Argentina's ongoing economic crisis.
Hero image