Conservative Mauricio Macri wins Argentina presidency

Baku. 23 November. REPORT.AZ/ Conservative Mauricio Macri has been confirmed as the winner in Argentina's presidential elections after his ruling party opponent conceded.

Report informs referring to the Russian media, with almost all votes counted, Mr Macri led Daniel Scioli by 51.5% to 48.5%.

He danced on stage at a victory rally at his Buenos Aires headquarters and thanked his staff for their support.

Mr Macri's victory is the first in more than a decade for Argentina's centre-right opposition and ends the 12-year rule of the Peronist Party.

"Today is a historic day," said Mr Macri, addressing thousands of cheering supporters. "It's the changing of an era."

Sunday's victory completes a turnaround for Mr Macri, who is currently mayor of Buenos Aires, after he lost in the first round of voting to Mr Scioli.