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This is the impact for Ecuador of the devaluation of the euro

The prices of products imported from the European Union will fall, but remittances sent by migrants will also fall. The euro fell on September 5 to its lowest value for almost 20 years against the dollar, closing at USD 0.99. The revaluation of the dollar against the euro is...
Posted On 06 Sep 2022
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Ecuadorian exports exceed Chinese imports

In the first half of 2022, the trade balance with China was favorable for Ecuador. For the first time, the value of exports exceeded the amount of imports with the Asian country. This is demonstrated by data from the Central Bank, processed by the Ecuadorian Federation of...
Posted On 06 Sep 2022
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Euro falls to its lowest level in 20 years against the dollar

The euro traded at USD 0.99 on the day of September 5, 2022, due to the threat of a recession in the eurozone. The euro fell to the lowest value for almost twenty years against the dollar on September 5, 2022. The European currency fell below USD 0.99, due to the threat of a...
Posted On 05 Sep 2022
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The Popular Consultation, proposed by the Government, could have between 10 to 12 questions

In an interview for the television network RTS, the Minister of Government, Francisco Jiménez, detailed the progress of the Executive regarding the Popular Consultation. The official spoke of the structure of this proposal and announced that at least 4 questions will raise...
Posted On 05 Sep 2022
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More than 25 thousand Venezuelans entered the MIDAS platform for migration regularization, in less than 48 hours

In less than 48 hours, 25,500 foreign citizens seeking immigration regularization in Ecuador entered the MIDAS platform. Of that number, 24,340 have already obtained an appointment to validate their information and carry out the biometric registration, prior to obtaining the...
Posted On 02 Sep 2022
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Germany offers work for Ecuadorian health professionals

In Germany there is a shortage of personnel in all areas, this is caused by several factors, one of them is the aging of the population. The figures on the demographic evolution in the country are alarming; there is a decrease in the population of 1.7%. In 2020, of the 80 million...
Posted On 02 Sep 2022
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Will Smith visited the fearsome ‘Devil’s Nose’ in Alausí

In Alausí, passers-by took the opportunity to take selfies with Will Smith, who came to record a documentary about the Ecuadorian railway legend. Will Smith is in Ecuador, specifically in Alausí, in the province of Chimborazo. The surprise visit of the “I am Legend”...
Posted On 01 Sep 2022
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Inflation in Ecuador will be very low in 2023, says Citi Research

Dollarization and fuel price fixing offset the impact of world inflation in Ecuador, while in Argentina it will reach 90%. Inflation in Ecuador will close at 3.5% annually in 2022, according to Citi Research, which does not foresee a pronounced rise in prices in the country. In...
Posted On 01 Sep 2022
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Correismo and PSC seek votes to remove the Judiciary

The additions and subtractions continue in the Assembly, on the eve of the political trial of three members of the Judicial Council and its former president. The correismo of Unión por la Esperanza (Unes) believes that it will reach more than 92 votes for a possible censorship...
Posted On 31 Aug 2022
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Immigration amnesty: Venezuelans will be able to get an Ecuadorian visa and ID

The initiative of President Guillermo Lasso, to grant a migratory amnesty to those who are irregularly in the country, begins on Thursday, September 1. Ecuador will try to regularize Venezuelan migrants who decided to settle in national territory. The first step will be the...
Posted On 31 Aug 2022
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