Presidency of Cristina Fernández de Kirchner 10, 2007, facing challenges including inflation, union demands for higher salaries, private investment in key areas, lack of institutional credibility (exemplified by the controversy surrounding the National Institute of Statistics and Census of Argentina, INDEC), utility companies demanding authorization to raise their fees, low availability of cheap credit to the private sector, and the upcoming negotiation of the defaulted foreign debt with the Paris Club. Kirchner was the second female president of Argentina, after Isabel Martínez de Perón, but unlike Perón, Kirchner was the head of the ballot, whereas Isabel Perón was elected as vice president of Juan Domingo Perón
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