In an article published by Bloomberg on September 1, managing director of Cefeidas Group, Juan Cruz Díaz, was quoted discussing the recently introduced capital controls aimed at containing Argentina’s escalating financial crisis.

For Juan Diaz Cruz, the director of political risk advisory firm Cefeidas, the economy minister and the central bank will have to adopt further measures in the days to come. “Today the objective seems to be to contain the economic and financial deterioration,” he said. “To generate greater credibility in the ability of the government to make it to the elections at least minimally competitive.”

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