The vetoed bill, passed by Congress, would have increased retirement benefits by over 8%. With inflation at 263.4%, the current minimum pension of €213 falls short of covering the basic cost of essential goods, which now stands at €277.
WATCH: Pensioners protest in Buenos Aires after Milei's veto on pension increase
Retirees protesting against Argentine President Javier Milei's veto of a bill
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AP Photo
Demonstrators clashed with police, who used pepper spray to disperse the crowd.
Milei, facing criticism, defends his austerity measures as necessary for economic stability.