The country still has to pay 3 from 10 installments by the purchase of 7 Dhruv helicopters

The country must still pay 3 installments from the 10 established by the purchase of seven Dhruv helicopters, Indian-made, four of which have crashed. The deadline to settle this debt is 3 years. The total value for the purchase of the aircrafts was $ 45’200.000, whose...

Tame restricts the sale of tickets in and out of Venezuela

The Ecuadorian airline Tame limited the sale of its ait tickets with destination to and from Venezuela. The head of the company, Fernando Guerrero, said that the state company has sold tickets just for November and December “until the debt is settled with the Venezuelan...
Posted On 05 Nov 2014

Venezuelan government owes $ 15 million to Tame

Venezuela maintains a debt to the state airline Tame, corresponding to transactions carried out between July and September of 2014 totaling $ 15 million. Fernando Guerrero, General Manager of Tame, said that despite this drawback, the sale of tickets from Venezuela to Ecuador is...

Argentinean Government admits that debt has affected the country

Minister of Economy of Argentina Axel Kicillof, admitted on August 6 that the open conflict with speculative funds for payment of defaulted sovereign debt since 2001 affects the country and announced that new economic measures are being prepared. “This is a battle which of...

Russia condones Cuban debt in a 90%

The Russian Parliament yesterday ratified a bilateral agreement between Moscow and La Havana, by condoning in a 90% the debt of the island State with the extinct Soviet Union. Moscow has forgiven its Caribbean partner, with which it has a historical relationship since the Cuban...

Claro has $ 123 million debt to the SRI

The telephony, internet and pay TV operator Claro, has a $ 123 million debt to the Internal Revenue Service (SRI for its Spanish acronym), according to the Specialized Chamber for the Tax Litigation of the National Court of Justice of Ecuador. This debt corresponds to the period...

Casa Tosi surrenders a building and a store to deduct a bank debt

Casa Tosi surrendered two of its buildings to the Bank of Pichincha to cancel the debt with the financial institution. The administrative building of the company, located in Guayaquil´s downtown, and the store located in the Iñaquito mall, in the capital city, were the granted...

IATA warns that some airlines would suspend flights to Venezuela

The International Air Transport Association (IATA), has warned today, March 12th, that some airlines may suspend its flights to Venezuela, due to the lack of progress in negotiations with that country before the crisis begins. The government of Venezuela owes ​​3,700 million...