Assume Lacunza, attached to the Hot Line

Hernán Lacunza will officially badume his duties as Minister of Finance this morning. with the intention of, once settled in your office, the financial operators are tolerant to their first stages of management. Or that, at least, you can go ahead in the certain storm that must today be fighting in the currency and banking markets. The worst case scenario that the new manager wants to live will be that of a dollar, with a central bank liquidating its reserves outside of the agreement still in force with the International Monetary Fund (IMF); added to the fixed terms expiring without renewal and financial institutions, until Friday, August 9, so-called friends in the anti-crisis crusade. For any new owner of the Treasury Palace, a defeat scenario in the first match against the markets; It would be a difficult start to drive for the next four months of management that the former Buenos Aires Minister of the Economy must manage. Therefore, his key idea for the coming days is simple and clear: his mission will be to stabilize the exchange rate, make the basic financial variables credible, reopen contacts with the IMF and promise a sensible second half. to be listening effective and, only if, in this difficult Rosario of his first hours of administration, there are positive results, give back to the president the possibility of new measures of social confinement and subsequent redistribution of the electoral weight. It is only then that Lacunza and his future collaborators know (and perhaps also from the political wing) that his days at the Treasury will have been economically and politically positive. He also knows that his luck is tied to how the direct line that Mauricio Macri and Alberto Fernández set up last week; and that for many operators this would merit a second enlightening round on several points of practically agreed peaceful coexistence.