Director of Banco Nación launched harsh criticism of Massa and made his resignation available

Claudio Lozano, director of Banco Nación, said on Monday that his resignation is at the disposal of President Alberto Fernández, after it transpired that he is reluctant to leave his position on the board of directors of the entity, after the appointment of Silvina Batakis. I’m not bolted to the position or anything like it. If the President considers that I have to leave, with him asking me, it is enough,” said the leader of Popular Unity, in dialogue with AM 750. At the same time, he was “surprised” by the departure of Eduardo Hecker, replaced by the former Minister of Economy, after the change in that portfolio. On the proposal of the former official, he said: “We find it extremely strange. The resignation, mine in particular, is available to the President from the very day he appointed us.” “Batakis is just another director, like all of us, who was entrusted by the President with the task of running the bank, but the one who has to raise this with us – the resignation – is the President. It is not what corresponds, even less when we are talking about a bank that, with respect to what we received in 2019, we have turned it around,” he said. When asked about his link with the new head of the entity, he replied: “I have no previous relationship with Batakis, I have no problem with the new president. Since she arrived at the Bank, she has not yet made contact with a large number of the directors, but we are at her disposal.” Lozano, a member of the ruling coalition, expressed on other occasions his differences with the economic policy of the national government. Now, with the appointment of Sergio Massa, he charged again.” It ends up taking over the management that internal actor of the Frente de Todos that has better links with the local economic power and the United States, “he questioned. He added: “The result is an attempt at an adjustment and stabilization plan that in practice is a great parity with the most concentrated business sector and creditors. It is based on the maintenance of the goals agreed with the Fund and a deepening of the fiscal adjustment.” The economist stated that “there are no concrete measures, beyond the generic announcement of a bonus for retirees and some kind of reinforcement on workers in the private sector, with respect to what is more than half of the population that involves informality and unemployment.” There is nothing about public sector workers. For the 25 million Argentines who do not make ends meet, for the 17 million poor and the 4 million hungry, which are the last figures we have, there is no positive news. Nor is there any concrete definition of how to intervene to solve inflation,” he said.

Original source in Spanish