Weekly Report - 10 April 2014 (WR-14-14)

URUGUAY | Lower risk of contagion from Argentina. On 7 April the ratings agency, Fitch, published a special report highlighting that Uruguay’s banking system is now significantly stronger than in 2002 when it was severely impacted by the economic crisis that hit Argentina. The report’s findings will be welcomed in Uruguay given that Argentina is once again facing financial and economic difficulties.

End of preview - This article contains approximately 597 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial