In the first 100 days, President Javier Milei has chosen the course of confrontation, which is particularly surprising given the balance of power in the country. The repeated failure of the government's initiatives in the National Congress has made it clear that the opposition can set the political agenda and makes use of it when necessary. Although many representatives of the provincial governments and the legislature share Milei's diagnosis and are generally in favor of far-reaching reforms, they make it clear to the president that his confrontational course is quickly pushing him to his limits and that consensus is required in democracy. The question is whether the government has learned from the setbacks of recent weeks. However, this is doubtful, because the slimmed-down legislative package that is to be introduced into Congress in the coming days has not been voted on either. The president is still supported by the high approval ratings among the population, but public opinion is volatile and Milei is under pressure to show concrete economic and political successes. Not least of all, companies in Western democracies will make their investment decisions dependent on this.

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