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Financial Times
Financial Times
Business
Lucinda Elliott

Messi and his squad’s victory cannot dispel Argentina’s travails

If they devalued the currency, “no one on this day would take any notice”, one of the hundreds of thousands of Argentines waiting to greet their footballing heroes tells me in downtown Buenos Aires.

Argentina has been euphoric since its third World Cup victory on Sunday. People have flooded the streets of the capital in a carnival-like celebration to mark the most important win in a generation, and welcome the star players home.

Revellers climbed traffic lights. Giant football shirts adorned office buildings. Cars with replica golden trophies strapped to their roofs tooted their horns and the unofficial tournament song “Muchachos” or “Boys”, rang out spontaneously from strangers standing at bus stops and road junctures.

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