Presidency of Cristina Fernández de Kirchner May 2010, the President traveled to Spain for the European Union-Latin America and the Caribbean summit, where she was asked to compare the 2010 European sovereign debt crisis and the 2001 Argentine's default. Back in Buenos Aires, during the Argentina Bicentennial celebrations, Cristina Fernández did not participate in the military parade of 5,000 troops (which included delegations of Brazil, Chile, Uruguay, Bolivia, etc.) on the 9 de Julio Avenue, which was considered a gest of contempt towards the Argentine Armed Forces. In June 2010, her administration completed the debt swap (which was started by former president Néstor Kirchner in 2005)
Cristina Fernández de Kirchner However, with 13 challengers splitting the vote, Kirchner won the election decisively in the first round with just over 45% of the vote, followed by 23% for Elisa Carrió (candidate for the Civic Coalition) and 17% for former Economy Minister Roberto Lavagna. Kirchner was popular among the suburban working class and the rural poor, while Carrió and Lavagna both received more support from the urban middle class. Kirchner lost the election in the large cities of Buenos Aires and Rosario. On 14 November, the president-elect announced the names of her new cabinet, which was sworn in on 10 December. Of