Diplomacy: “Anarcho-capitalist” within the Chancellery: Scholz meets Milei | EUROtoday

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“Anarcho-capitalist” within the Chancellery: Scholz meets Milei

Federal Chancellor Olaf Scholz welcomes Javier Milei (l). Photo: Fabian Sommer/dpa

Federal Chancellor Olaf Scholz welcomes Javier Milei (l). Photo

© Fabian Sommer/dpa

Two very several types of politicians come collectively in Berlin: right here the quiet pragmatist, there the loud eccentric. But there needs to be no scarcity of vital matters: lithium and free commerce.

Javier Milei is just not a fan of protecting a low profile: through the election marketing campaign he appeared with a chainsaw operating, he likes to check with parliamentarians he doesn't like as “rats” and he sees the state as the foundation of all evil. Today the Argentine president, who describes himself as an “anarcho-capitalist”, can be obtained by Chancellor Olaf Scholz (SPD) within the Berlin Chancellery. One factor is definite: two fully reverse varieties of politicians will meet: right here the quiet pragmatist, there the loud eccentric.

The public is not going to hear a lot of this, nonetheless: the initially introduced greeting with navy honors was canceled at quick discover, as was a joint press convention. What stays is a brief photograph alternative at the beginning of the dialog, which is just scheduled to final an hour – at Milei's request, in accordance with the German aspect. The Argentine head of state is just not one for direct confrontation with journalists: he virtually by no means holds press conferences in his house nation both.

Economic points on the agenda

The assembly within the Chancellery is more likely to focus totally on financial points. Argentina has many uncooked supplies comparable to lithium, which is urgently wanted in Germany. In addition, talks on a free commerce settlement between the European Union and the South American financial affiliation Mercosur are nonetheless at a standstill.

As an financial liberal, Milei is a superb pal of free commerce, however for ideological causes he’s at odds with Brazil's President Luiz Inácio Lula da Silva – the pinnacle of state of the area's largest financial energy and Argentina's most vital buying and selling accomplice.

Milei honored in Hamburg

Milei had already arrived in Germany on Saturday and had obtained the medal of the liberal Friedrich August von Hayek Society in Hamburg – within the presence of AfD politician Beatrix von Storch and the chairman of the right-wing conservative Values ​​Union Hans-Georg Maaßen.

“You are bringing capitalism off the defensive,” mentioned the chairman of the Association of Economists, Stefan Kooths, in his laudation. He in contrast Milei's coverage to chemotherapy. “The side effects are severe,” mentioned the Kiel economist. But with out such a remedy, Argentina can be completed.

Argentina within the financial disaster

South America's second-largest financial system has been in a critical financial disaster for many years. Argentina suffers from a bloated state equipment, low industrial productiveness and a big shadow financial system that deprives the state of a whole lot of tax income.

Milei has now prescribed an actual drastic remedy for the nation: the federal government has minimize hundreds of public sector jobs, decreased subsidies and wound up social packages. According to the Catholic University of Argentina, nearly 56 p.c of individuals in Argentina dwell beneath the poverty line and round 18 p.c dwell in excessive poverty.

“It was always clear that this would not be without difficulties, but we always communicated that clearly to people,” mentioned Milei in his quite prolonged lecture to the Hayek Society. “We said that there would be no money, that it would be hard, that it would be difficult to get started, but that we would eventually achieve good results.”

Only a couple of heads of state and authorities meet Milei

Before Scholz, only some heads of state and authorities have obtained Milei since he took workplace six months in the past: Israel's Prime Minister Benjamin Netanyahu, Italy's Prime Minister Giorgia Meloni, El Salvador's President Nayib Bukele and Pope Francis as head of state of the Vatican.

Milei skipped the same old journeys for Argentine presidents to vital neighboring international locations comparable to Brazil and Chile as a consequence of ideological variations. He has been to the USA a number of instances – however with out an appointment on the White House. Instead, he met with Tesla boss Elon Musk and former President Donald Trump, with whom he’s usually in contrast.