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The night prior to the celebration of the 25 of May, the start of the independence of Argentina, May Square was closed by police to avoid the protesters to camp in front of the government house. Mauricio Macri’s aggressive reform drive is triggering massive discontent at home. In recent weeks, thousands of people have taken to the streets to protest against layoffs and austerity cuts. Inflation in the capital's metropolitan area reached 6.5 percent in April, the biggest monthly price jump since Argentina's worst economic crisis 14 years ago. Against this backdrop, earlier this month, Macri struck a deal with local businessmen to suspend layoffs for 90 days. High inflation and massive job cuts are a main cause of concern for Argentinians. In April, consumer confidence deteriorated to the lowest level in nearly two years and Argentina officially exited default following the payment of USD 9.3 billion to holdout bondholders. 24 Mayo 2016 Photo: Hernan Zenteno

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Hernan Zenteno
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The night prior to the celebration of the 25 of May, the start of the independence of Argentina, May Square was closed by police to avoid the protesters to camp in front of the government house. Mauricio Macri’s aggressive reform drive is triggering massive discontent at home. In recent weeks, thousands of people have taken to the streets to protest against layoffs and austerity cuts. Inflation in the capital's metropolitan area reached 6.5 percent in April, the biggest monthly price jump since Argentina's worst economic crisis 14 years ago. Against this backdrop, earlier this month, Macri struck a deal with local businessmen to suspend layoffs for 90 days. High inflation and massive job cuts are a main cause of concern for Argentinians. In April, consumer confidence deteriorated to the lowest level in nearly two years and Argentina officially exited default following the payment of USD 9.3 billion to holdout bondholders. 24 Mayo 2016 Photo: Hernan Zenteno