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The IMF sets its sights on the delinquency level

  The IMF saw 2016 out by reviewing the banking financial system and, in the face of stress testing, it concluded that the delinquency in Ecuadorian banks has deteriorated. While private banks maintain rational overall indicators (4.34%), the IMF goes one step further and...
Posted On 09 Jan 2017
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Guillermo Lasso offers long-term loans to revive the agriculture sector

Saturday Guillermo Lasso met on in Riobamba with representatives of the agricultural sector. He offered them long-term loans with low-interest rates to reactivate the activity in the field. “We will revive agriculture … the government of change will be the government...
Posted On 09 Jan 2017
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Cynthia Viteri visits her Facebook followers in Guayaquil

Cynthia Viteri yesterday held activities in Guayaquil, where she visited the homes of her social networks supporters. One of the points was in the Justice and Freedom cooperative, in the sector of Los Rosales, in the north, in the home of Mayra Salazar. “They always write...
Posted On 09 Jan 2017
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Correa says that Ileana Ros-Lehtinen has been financed by the Isaias brothers

  President Rafael Correa questioned the intentions of US Congresswoman Ileana Ros-Lehtinen, who recently called on the United States Attorney General to disclose the names of public officials bribed by Odebrecht in Ecuador. During his Weekly Adress No. 507, Correa stated that...
Posted On 09 Jan 2017
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Militaries´ repairs in 32 complaints to the Constitutional Court

While the Presidency prepares the general regulation to the Law of Strengthening of the Social Security Systems of the Armed Forces and the Police, some 32 claims of unconstitutionality were filed in the Constitutional Court. They were signed by dozens of retired militaries, and...
Posted On 09 Jan 2017
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Correa thinks that fugitive bankers want to politicize the Odebrecht case in Ecuador

Rafael Correa said on January 7 that brothers William and Roberto Isaias, former bankers wanted by the Ecuadorian justice and fugitives in the United States, try to politicize the blatant Odebrecht case of bribes to officials, in order to affect his government. The President said...
Posted On 09 Jan 2017
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A Countdown for the Smuggling of Liquors

The problem has affected domestic manufacturers and licensed importers, those who legally run their businesses and have seen their sales fall due to higher prices and unfair competition from liquors secretly introduced. But also the State. Everything that smuggles in leaves a...
Posted On 09 Jan 2017
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Banks await judicial ruling on electronic money

The hearing to resolve the protection action filed by the Association of Private Banks of Ecuador (Asobanca) will be held tomorrow at 09:00 to stop the resolution of the Superintendence of Market Power Control (SCPM) for electronic money. The diligence will be in the Third...
Posted On 09 Jan 2017
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$ 2.134 Million for contracts of the Esmeraldas Refinery

    Some thirty suppliers concentrated contracts for more than $ 1,962 million in the Esmeraldas Refinery during the last years, in particular for the repowering project, an emblematic work of the current government. Daily El Universo analyzed more than 700 contracts...
Posted On 09 Jan 2017
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The third attempt to remove the crosses of the Cathedral of Guayaquil failed

  The third attempt to remove the crosses of the Cathedral of Guayaquil failed and not only that, but the right cross fell off, fell to the pavement and shattered this Sunday, January 8. This is part of the repair work of the temple, located in Chimborazo street, which was...
Posted On 09 Jan 2017
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