Cristina Fernández de Kirchner electricity, gas and water supply. These remained fixed during the terms of Duhalde and Néstor and Cristina Kirchner, despite the crisis that motivated them having ended. As the inflation rate grew during the period, the state financed part of these prices with subsidies. Investment in these areas decreased, and the generation and distribution networks suffered. Argentina lost its self-supply of energy, and had to import it, rather than being able to export surpluses. Kirchner proposed a fiscal austerity program in early 2012, including the gradual removal of subsidies. The proposal turned out to be unpopular, and was not implemented. She
Argentine Grand Prix but was cancelled pre-season, leaving a 5-week gap between the opening two rounds of the 1999 championship. In February 2012, Argentine president Cristina Fernandez de Kirchner announced negotiations were coming to a close to bring the Grand Prix back to the country by 2013, this time at a street circuit to be created in the seaside resort city of Mar del Plata, scotching stories which surfaced in December 2011 that suggested a new circuit, being constructed at Zárate, was to target F1. Contracts were expected to be signed on May 2012, but this didn't happen. Bernie Ecclestone, commercial rights holder