Fausto Spotorno

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Last quote by Fausto Spotorno

The government wants to create a system to promote employment. Today it's so expensive and risky to hire people in Argentina that there is a high rate of unemployment, and the under-the-table economy is huge. More needs to be done to make sure that growth is sustainable in the long term.feedback
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Oct 23 2017 Unemployment
Fausto Spotorno has most recently been quoted in an article called Argentina to relax forex controls as peso falls, but no counter inflation measures. Fausto Spotorno said, “Its reserves were disappearing, so I think they felt let's stop and see where it goes. If they'd continued, they would have lost hundreds of millions in reserves a day, billions in a week, four billion dollars in a month and in five months they'd be tapped out.”. Fausto Spotorno has been quoted a grand total of 2 times in 2 articles.
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