CAME Denied the Government and Stated that Families Are Indebted to Eat - Real Economy
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SMEs deny that the situation of over-indebtedness is due to the purchase of television sets, as Milei said. Read more
The spokesperson of the Argentine Confederation of the Median Company (CAME), Salvador Femenía, denied the official theory about the origin of household debts and maintained that the indebtedness of the families does not respond to luxury expenses, but to the "fall of purchasing power that forces to finance basic products as food and remedy." The SME representative described a scenario of widespread recession that affects the entire national ter…
The Argentine Confederation of the Median Enterprise (CAME) again questioned the government’s diagnosis of household indebtedness and said that the main cause is the loss of purchasing power. The agency’s spokesman, Salvador Femenía, said that families resort to credit to face basic expenses and rejected that the phenomenon is related mainly to luxury consumption. “It costs a lot to arrive at the end of the month, the salary obviously does not r…
Buenos Aires, 23 August (NA) - The spokesperson of the Argentine Confederation of the Median Company (CAME), Salvador Femenía, denied the official theory about the origin of household debts and maintained that the indebtedness of the families does not respond to luxury expenses, but to the "fall of purchasing power that forces to finance basic products as food and remedy." The SME representative described a scenario of generalized recession that…
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