Xabier González Barcos
Ambassador Wenceslao Bunge Saravia defended on Monday the reforms promoted by Buenos Aires and underscored the strengthening of economic, cultural and academic ties with Spain.
The Embassy of Argentina in Spain commemorated Argentina’s National Day last Monday with a reception held at La Esfera venue in Alcobendas, bringing together diplomatic, institutional, business and cultural representatives, as well as members of the Argentine community in Spain. The event was hosted by the Argentine ambassador,, accompanied by his wife.
During his remarks, the diplomat used the anniversary of the May Revolution to take stock of his first year heading Argentina’s diplomatic mission in Madrid and to defend the political and economic direction promoted by President.
“Argentina is on its way to becoming one of the freest countries in the world,” Bunge Saravia told attendees, defending the economic reforms implemented by the Argentine government, which, according to him, are focused on reducing the fiscal deficit, curbing inflation, downsizing the state and empowering the private sector.
The ambassador stated that the results “are surprising” and highlighted that Argentina will become “the only G20 country with a fiscal surplus,” while also noting that inflation had fallen “from 300% to 30%” and country risk had dropped “from 2,000 to below 500.”
The reception also served to underscore the strengthening of economic relations between Argentina and Spain. Bunge Saravia stressed that, together with Argentina’s six consulates across Spain, the embassy has promoted an intensive commercial and business agenda, facilitating the participation of more than 300 Argentine companies in business roundtables, trade missions and sectoral fairs held in Spain.
In this context, the diplomat also referred to the agreement between the European Union and Mercosur, stating that its implementation “is only the beginning” of a new stage of economic and commercial cooperation.
The ambassador also devoted a significant part of his speech to the cultural and academic promotion carried out by Argentina’s representation in Spain. According to the figures he shared, between May 2025 and April 2026 the embassy promoted more than 360 cultural activities, including musical, theatrical and literary initiatives.
He also highlighted the close university ties between both countries and the work carried out with the Argentine scientific and student communities in Spain, as well as the efforts of the consulates in assisting an Argentine community that now exceeds half a million people across Spanish territory.
On the Ibero-American front, Bunge Saravia expressed support for the upcoming Ibero-American Summit and congratulated the Ibero-American General Secretariat and the Spanish Pro Tempore Secretariat for the preparatory work carried out so far.
The evening also featured musical performances and tango and folklore exhibitions, alongside a broad showcase of Argentine gastronomy, including tastings of Argentine beef, empanadas, Malbec wines and traditional products.
In the final part of his speech, the ambassador thanked companies, sponsors and the embassy’s diplomatic staff for making the event possible, while reaffirming the role of Argentina’s representation in Spain in “the reconstruction” of the South American country.
“What you want to do is impossible, but it is essential,” the ambassador recalled, invoking a phrase attributed to, before concluding that Argentina will overcome its challenges “with the forces that come from heaven and with each of us doing our part.”
