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
Presidency of Cristina Fernández de Kirchner on January 12 against a central bank account in New York. Judge Sarmiento also annulled the decree that removed Redrado and reinstated him as President of the Central Bank the following day. The ruling also refuted claims of mis-conduct cited by President Cristina Kirchner to justify his removal. International media described the attempted removal of Redrado as authoritarian, while criticizing the planned use of reserves for debt retirement, as well as accelerating spending growth, as fiscally irresponsible. Opposition Congresswoman Elisa Carrió, a likely candidate in the upcoming 2011 presidential campaign, has raised the possibility of impeachment procedures against Mrs. Kirchner.