Politics Economy Country 2026-03-10T20:12:25+00:00

Milei labels Argentine businessmen 'crony entrepreneurs'

Argentina's President Javier Milei publicly criticized major businessmen in New York, accusing them of colluding with corrupt politicians and harming the country's economy. He also presented his reform policy and thanked his ministers.


President Javier Milei classified Paolo Rocca, CEO of Techint, and Javier Madanes Quintanilla, owner of Fate, as 'crony entrepreneurs'. He expressed this during the inauguration of the Argentina Week in New York. 'What I can say is that the other two are crony entrepreneurs,' the head of state stated. Along the same lines, he pointed out: 'Rocca, Madanes, in collusion with thieving politicians, attacked many Argentines, but it's over.' 'Politically it works, thank you, Boss,' he highlighted. 'I have no doubts that the good ones are going to win. It's uncomfortable to ask these questions, but I'm willing to do it for a better Argentina.' On the other hand, he defended his import-opening policy for the benefit of 'millions of Argentines' and to the detriment of the interests of the mentioned entrepreneurs. 'Who is in favor of corruption? The corrupt policy is over. Even in this context, Argentina is improving its terms of trade,' the president stated. 'Everyone knows that in recent weeks I had open confrontations with Paolo Rocca, with Javier Madanes Quintanilla, and with the textile sector, but since no one put a visible face on it, I cannot attack directly. It's not child's play. Doing things right pays off,' he insisted, and added: 'We are doing everything to end Kirchnerism and populism once and for all.' 'It's true that that sector is going to go at a loss, if it doesn't reinvent itself, and it disappears,' he warned. 'Regardless of the fact that said businessman pressured the Government by saying that if we didn't remove the barriers he was going to throw 900 workers out on the street,' he stated and added: 'The day before the labor reform is treated in Congress, he threw the 900 workers out on the street. They are distorting relative prices, producing something that shouldn't be. We took away the majority from Peronism in both chambers. It's an encroachment on freedom and if the consequence of that is a trade barrier, it's a robbery.' In another passage of his speech, the head of state thanked the General Secretary of the Presidency, Karina Milei, for her internal policy and the electoral performance of La Libertad Avanza. 'They sustain that system because it sustains corruption. We are passing reforms that had never been achieved. The Kirchners when they insulted Rocca, they didn't insult him because they hated him but because they were negotiating the kickback.' 'When I fight, I fight for the well-being of Argentines. If I earn my money justly, who the fuck is the politician to tell me what I can spend it on and what I can't?,' the libertarian underlined. 'Under normal allocation conditions, opening imports allows millions of Argentines to buy more things that they couldn't afford. What is going to happen is that people are now going to save and are going to be able to spend them in different sectors of the economy.' Likewise, he remarked: 'If it's so evident, then why is there a politician defending this. We have bad people, but also creative for evil. It's logical: it's corruption.' With the exception of Pettovello, Diego Santilli (Interior), Alejandra Monteoliva (Security) and Carlos Presti (Defense), the rest of the Cabinet is present at the Argentina Week.

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