Presidency of Cristina Fernández de Kirchner May 2010, the President traveled to Spain for the European Union-Latin America and the Caribbean summit, where she was asked to compare the 2010 European sovereign debt crisis and the 2001 Argentine's default. Back in Buenos Aires, during the Argentina Bicentennial celebrations, Cristina Fernández did not participate in the military parade of 5,000 troops (which included delegations of Brazil, Chile, Uruguay, Bolivia, etc.) on the 9 de Julio Avenue, which was considered a gest of contempt towards the Argentine Armed Forces. In June 2010, her administration completed the debt swap (which was started by former president Néstor Kirchner in 2005)
Presidency of Cristina Fernández de Kirchner 2008, Fernández proposed the transfer of nearly US$30 billion in private pension holdings to the social security system, a law that was passed by Congress in late November. President Cristina Kirchner is a member of the Council of Women World Leaders, an international network of current and former women presidents and prime ministers whose mission is to mobilize the highest-level women leaders globally for collective action on issues of critical importance to women and equitable development. Fernández was invited to the prestigious Summit on Financial Markets and the World Economy in Washington, D.C., on November 15, 2008, by President George