"There is a maneuver very clear, forceful, very clear to obstruct the operation of state powers," said the president. And he insisted that the use of reserves for debt repayment.





President Cristina Kirchner reported today that Justice is part of a conspiracy against his government, saying there is "a formidable political maneuvering, media and judiciary," referring to the crisis resulting from his bid to unseat incumbent Central Bank Martin Redrado, ignoring the consent of Congress.

Cristina again criticized the vice president, Julio Cobos, whom he described as "the main opposition candidate. He said the opposition sectors are putting "sticks in the wheel and obstructing government administration.

The president led a ceremony at the National Bank, where he again defended the creation of the Bicentennial Fund and use of reserves for debt repayment. "Argentina badly needs to leave the default for companies to obtain cheaper financing in the world," he said, adding: "This is the aim of the President to create this fund and I know that some want us to continue taking on new debt at higher rates . He insisted that only use "one third of the reserves not one hundred percent."

Christine said that the Bicentennial Fund was created "to ensure the reserves to pay off debt to our country" and criticized "some who want it happen again" what happened in 2001 when Argentina declared a default.

"Those are the things that have happened and that some want to happen again, but that will not happen," remarked the president where he stated that "in a world of highly volatile markets," Argentina "has a very bad reputation" product the default declared in 2001.