Argentina has passed a new labor reform, marking a significant victory for the government and its key figures, while facing criticism from the opposition and unions. The Senate approved the 'Labor Modernization' bill with a vote of 42 in favor to 30 against. The main winners include Cabinet Chief Karina Milei, head of the 'La Libertad Avanza' bloc Patricia Bullrich, Interior Minister Diego Santilli, and Chief of Staff Manuel Adorni. Banks also benefited as they retained their monopoly on salary payments. Conversely, major losers included the Peronist inter-bloc, Economy Minister Luis Caputo, who failed to secure a reduction in corporate profit tax, and Mercado Pago's founder Marcos Galperin, whose digital wallets will not be allowed to pay salaries. The General Confederation of Labour (CGT) had partial successes, preserving mandatory union dues but losing its monopoly on negotiating collective agreements. Experts attribute the government's success to effective negotiations with provincial governors.
