Economy & Business - July 2011 (ISSN 1741-7430)

NICARAGUA: Private sector gets hot under the collar

Central America & Caribbean by LatinNews 31 August 2011 692 views

The country’s private sector, which hithreto has supported President Daniel Ortega, is becoming bothered by the ‘No Pago’ (No Pay) movement, comprised of medium-sized producers demanding the renegotiation of defaulted loans. There are some concerns that Ortega may be tempted to back the defaulters in order to win votes in the scheduled November general elections.

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