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Direct Line and Vladimir Putin's Press Conference

Sovereignty at stake: Putin reacts to Argentina's decision to adopt dollar

The Russian leader noted that "if today’s leadership in Argentina sees no other way out of the country’s well-known financial and economic problems, that is their prerogative"

MOSCOW, December 14. /TASS/. Russian President Vladimir Putin understands why the new Argentine authorities decided to switch to the dollar, but warned that "this is a significant loss of sovereignty."

"Everyone knows the idea of the newly elected President of Argentina (Javier Milei - TASS) to switch to the dollar within the country. This is the sovereign decision of each country, but in Argentina, inflation, as far as I know, is at 143%," Putin said during his annual televised Direct Line question-and-answer session with Russian citizens.

He recalled that the previous Argentine leaders spoke of many problems with the return of borrowed funds that Buenos Aires had previously received from various sources.

The President noted that "if today’s leadership in Argentina sees no other way out of the country’s well-known financial and economic problems, that is their prerogative."

"But this is definitely a significant loss of sovereignty," he concluded.

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Foreign policy Argentina Direct Line and Vladimir Putin's Press Conference

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