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Argentina's President Macri Assumes Office in Buenos Aires

© REUTERS / Enrique MarcarianArgentina's President-elect Mauricio Macri acknowledges the audience as he attends the inauguration of incoming Buenos Aires' City Mayor Horacio Rodriguez Larreta (not seen) in Buenos Aires December 9, 2015
Argentina's President-elect Mauricio Macri acknowledges the audience as he attends the inauguration of incoming Buenos Aires' City Mayor Horacio Rodriguez Larreta (not seen) in Buenos Aires December 9, 2015 - Sputnik International
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Newly elected Argentina's President Mauricio Macri, who received 51.5 percent of the popular vote, was inaugurated in Buenos Aires.

MOSCOW (Sputnik) — Argentina's President Mauricio Macri took office in the Palace of the Argentine National Congress in Buenos Aires on Thursday, local media reported.

Supporters of the opposition Democratic Unity coalition wave a Venezuelan national flag from a car while they celebrate their victory on a street in Caracas December 7, 2015 - Sputnik International
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On November 22, Macri won the country’s presidential election, receiving 51.5 percent of the popular vote, despite losing in the first round to former Vice President Daniel Scioli. Macri, who served previously as mayor of Buenos Aires, will replace Cristina Kirchner, who has been in office since 2007.

On Tuesday, Kirchner announced her refusal to attend her successor's inauguration over a dispute concerning the ceremony's venue.

Earlier on Thursday, thousands of supporters gathered in Buenos Aires' central square, Plaza de Mayo, to hear Kirchner's goodbye speech.

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