Business leaders in Argentina are showing growing discomfort with President Javier Milei's administration, according to a report from El Economista - Últimas noticias económicas y financieras published Friday. The same report highlights an unexpected development: positive comments about Axel Kicillof coming from Wall Street circles.
The report describes an awkward dynamic between the business community and Milei. While executives have largely supported the president's economic direction, the strain is becoming increasingly visible. El Economista - Últimas noticias económicas y financieras notes that this tension is now open enough to be discussed publicly.
The surprise praise for Kicillof, a prominent opposition figure and governor of Buenos Aires province, adds another layer to the story. Wall Street's favorable view of Kicillof contrasts with the discomfort business leaders feel toward Milei, suggesting a shift in how economic actors assess Argentina's political landscape.
Other Argentine outlets have picked up on similar themes. La Política Online reports that the establishment is openly divided over Milei, with some warning that his approach could jeopardize macroeconomic stability. Página|12 describes a "strained business climate" around the president, while La Nación has contrasted Milei's public statements on inflation and poverty with official statistics.
The president of the Argentine Chamber of Commerce and Services (CAC) also addressed the Council of the Americas recently, though details of that speech were not included in the available material.
What to watch next: whether the business community's discomfort translates into concrete political pressure on Milei, and whether Wall Street's interest in Kicillof signals a broader reassessment of Argentina's opposition leadership.
