If there is one fact that all political and economic actors can agree on, it is that Argentina is in the midst of an economic crisis. All indicators, from activity to Central Bank reserves, spell out the scenario. The scope of the problem and its prospects going forward, however, are a matter of discussion. The view on how things are looking really depends on who you ask.
Two recent reports illustrate these differences: while agriculture sectors believe there are signs that the worst is over, small and medium enterprises (SMEs) see no such thing and are convinced that the recession is actually part of the government’s plan.
The Rosario and Santa Fe Stock Exchanges — which group grains and livestock markets, among others — published a report on Wednesday titled “Recession halted in the second quarter”. The document describes the Argentine economy as being in the midst of a 25-month recession but alerts that they are seeing “some positive values” emerge.
“This does not mean that the recession has ended, but simply that it was........