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 the chamber of deputies, including the number of legislators needed for quorum. The Kirchners had lost that majority in the 2009 elections. She invited children on stage during the celebrations, and Vice President Amado Boudou played an electric guitar. As she had in 2007, she gave a conciliatory speech. When she first took office, Cristina Kirchner replaced the previous minister of economy, Miguel Gustavo Peirano, who had been appointed by her husband as former president. Peirano was succeeded by Martín Lousteau in December 2007. He served as the first of several ministers of economy under her presidency. The attempt to