President Milei's Party Wins Argentina's Midterm Elections
- On Sunday, Oct. 26, 2025, La Libertad Avanza won 40.84% of the national vote, strengthening President Javier Milei after the midterm elections.
- The vote came after a run on the peso that forced U.S. financial intervention including a US$20-billion currency swap, as the midterm served as a referendum on President Javier Milei's austerity-driven reforms amid inflation at 32%.
- With provincial tallies in, LLA won six of eight Senate-contesting provinces and 64 of 127 lower-house seats, as turnout fell to 67.85%.
- The result may vindicate U.S. backers such as U.S. Treasury Secretary Scott Bessent, as La Libertad Avanza's gains could help Milei approach the one-third threshold in the lower house to defend presidential vetoes.
- Economic and social indicators show inflation at 32% while hardship grows in poorer neighborhoods; Milei faces aide scandals and expects a cabinet shake-up possibly including centrist PRO party members.
458 Articles
458 Articles
Argentina's president remains very popular despite his dark cuts in public spending and ultraliberal reforms, and he is now at the top of Congress thanks to his victory in the mid-term elections.
Against all odds, Javier Milei won the parliamentary mid-term elections in Argentina with more than 40% of the vote. A result deemed "surprising" by the observers, who denied the...
Milei wins big in Argentina’s midterm elections
Argentina’s President Javier Milei has led his La Libertad Avanza party to a landslide victory in the midterm elections. Milei has vowed to keep pushing through his radical overhaul of the economy, despite widespread discontent with his deep austerity measures.
By CNN en Español Argentine markets reacted euphorically on Monday with large gains in stocks, following the results of Sunday's legislative elections, which gave Javier Milei's government greater leeway to implement its economic reforms. After the opening bell, stocks rose by more than 20%, over-the-counter bonds improved by 14%, and the country risk, a key indicator for access to credit that had closed above 1,000 points on Friday, plummeted t…
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