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Weekly Report - 27 September 2012 (WR-12-38)

TRACKING TRENDS

CURAÇAO | Caretaker government. Governor Frits Goedgedrag has asked Eduardo “Dito” Mendes de Gouveia, the former director of the oil refinery, Refineria di Korsou, to form a caretaker government. The former Dutch colony (pop. 145,619), which became an autonomous county within the Kingdom of the Netherlands in October 2010 following a referendum [WR-10-41], was left without a government following the 3 August resignation of Prime Minister Gerrit Schotte and dissolution of the 21-member unicameral legislature. Schotte quit after the ruling coalition, comprising the Movementu Futuro Kòrsou (MFK), Pueblo Soberano (PS) and Partido Movishon Antia Nobo (MAN) lost its majority after two legislators, Dean Rozier (MFK) and Eugene Cleopa (MAN) declared themselves independent. This was indicative of more general tensions within the coalition which has fractured amid public concerns regarding Schotte’s management of the island’s public finances: back in July the Dutch Kingdom Council of Ministers (Landsadvocaat - the executive council of the Kingdom of the Netherlands, which comprises representatives from Aruba, Curaçao, the Netherlands, and Sint Maarten) and the financial supervision agency (CFT) warned that Curaçao is heading for bankruptcy - which the government rejected.

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