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BUENOS AIRES: Wine glasses intertwine in an Art Nouveau culinary gem basked in its restored splendor. It was a tasting night at the century-old café-turned-restaurant in the old Buenos Aires Zoo, as beetroot tartare, grilled squid, and perfect eye feathers floated out of the kitchen, chased by velvety chocolate mousse.
“We’re betting big on the opportunity of the food scene in Argentina,” said Pedro Diaz Flores, co-owner of Restaurant Aguila Pabellon – the 17th food venture he opened in Buenos Aires in the past 18 months. In Buenos Aires, the capital of Argentina, a world-class culinary scene is thriving. This wouldn’t necessarily be news if it weren’t for the fact that it is Argentina In the midst of an extraordinary financial crisis. The inflation rate topped 114% – the fourth highest in the world – and the Argentine peso’s market value collapsed, dropping nearly 25% over a three-week period in April.
However, it is the collapse of the peso that is fueling the restaurant industry’s recovery. Argentines Eager to get rid of currency as quickly as possible, that means the middle and upper classes go out to eat more often — and that restaurants and chefs put their proceeds back into new cash. Restaurants. “Crises are opportunities,” said Jorge Ferrari, restaurateur.
Buenos Aires, which has been trying to promote its culinary scene, has been tracking the volume of plates sold in sample restaurants every month since 2015. The latest figures, for the month of April, show that attendance at restaurants is one of its highest, and 20% higher than the highest point Her in 2019, before the pandemic. Interface boom. In most parts of the country, Argentines are hungry and hunger is increasing. In wealthier circles, the rush to get out is a symptom of a shrinking middle class, which, no longer able to afford larger purchases, chooses to live in the here and now because their money may be worth nothing in the future. “It’s a consumption of satisfaction – being happy in the moment,” said Ferrari.
“We’re betting big on the opportunity of the food scene in Argentina,” said Pedro Diaz Flores, co-owner of Restaurant Aguila Pabellon – the 17th food venture he opened in Buenos Aires in the past 18 months. In Buenos Aires, the capital of Argentina, a world-class culinary scene is thriving. This wouldn’t necessarily be news if it weren’t for the fact that it is Argentina In the midst of an extraordinary financial crisis. The inflation rate topped 114% – the fourth highest in the world – and the Argentine peso’s market value collapsed, dropping nearly 25% over a three-week period in April.
However, it is the collapse of the peso that is fueling the restaurant industry’s recovery. Argentines Eager to get rid of currency as quickly as possible, that means the middle and upper classes go out to eat more often — and that restaurants and chefs put their proceeds back into new cash. Restaurants. “Crises are opportunities,” said Jorge Ferrari, restaurateur.
Buenos Aires, which has been trying to promote its culinary scene, has been tracking the volume of plates sold in sample restaurants every month since 2015. The latest figures, for the month of April, show that attendance at restaurants is one of its highest, and 20% higher than the highest point Her in 2019, before the pandemic. Interface boom. In most parts of the country, Argentines are hungry and hunger is increasing. In wealthier circles, the rush to get out is a symptom of a shrinking middle class, which, no longer able to afford larger purchases, chooses to live in the here and now because their money may be worth nothing in the future. “It’s a consumption of satisfaction – being happy in the moment,” said Ferrari.
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