The Falklands War ends: Argentine forces in the capital Stanley unconditionally surrender to British forces.

The first democratic elections in Argentina after seven years of military rule are held.

Dissolution of the Military Junta in Argentina.

Democracy is restored in Argentina with the assumption of President Raúl Alfonsín.

Argentina, Brazil, Uruguay and Paraguay sign the Treaty of Asunción, establishing Mercosur, the South Common Market.

Argentine vice president Carlos Álvarez resigns.

Argentina defaults on an $805 million World Bank payment.

Argentina's president Néstor Kirchner announces the early repayment of its external debt to the IMF.

Airport police officer María del Luján Telpuk discovers a suitcase containing the undeclared sum of US$800,000 as it goes through an x-ray machine in Aeroparque Jorge Newbery in Buenos Aires, sparking an international scandal involving Venezuela and Argentina known as "Maletinazo".

Cristina Fernandez de Kirchner becomes the first woman elected President of Argentina.

MS Explorer, a cruise liner carrying 154 people, sinks in the Antarctic Ocean south of Argentina after hitting an iceberg near the South Shetland Islands. There were no fatalities.