Presidency of Cristina Fernández de Kirchner the Catholic Church. She also reaffirmed her policy of debt reduction in announcing to continue to pay foreign debt with Central Bank foreign reserves which reached a country historic record of $51 billion USD in July. In August 2010, Cristina Fernández began to use her Twitter account. She also preceded the 39th Mercosur summit at San Juan where the trade bloc agrees to reduce customs fees and signs a free-trade deal with Egypt On September 2010, it was announced that Argentina was elected president of the Group of 77+China and prepared to act as a ‘bridge" with G-20 major economies
Railway nationalisation in Argentina French companies, Argentine ones also became part of "Ferrocarriles Argentinos", the state-owned company specifically created after the nationalisation to manage the entire railway network. The list of companies taken over by each division was as follows: Notes: After the nationalisation, maps of the six railway divisions managed by state-owned Ferrocarriles Argentinos were as follows: Argentines saw railway nationalisation as a major step towards the economic independence of their country which had for so long been under the influence of foreign capital. Nationalisation of the railways, the central bank, the telephone system and the docks were part of Perón's economic recovery