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Galo Mora is certain of Correa’s Victory

The Executive Secretary of Alianza PAIS, on interview with Expreso Newspaper, reviews the electoral situation and takes for granted the victory of the presidential candidate, although he feels some concern because “some people want to stop” the process, and question,...
Posted On 26 Oct 2012
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Carlos Marx Carrasco Dismisses Rumors About Banking Seal

Carlos Marx Carrasco, the director of the Internal Revenue Service (IRS), pointed out that the entity he runs can request all the information from the banks about its customer. He said that this does not mean they would violate the banking seal, since the information would be in...
Posted On 26 Oct 2012
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Project for the finance of BDH is ready

QUITO, Ecuador President Rafael Correa approved the urgent tax reform bill that will aim to fund the increase from $ 35 to $ 50 of the Human Development Bonus (BDH for its Spanish acronym) since January 2013; which shall be analyzed by the National Assembly within of 30 days. At...
Posted On 25 Oct 2012
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CNE will conduct a “social dialogue” for press regulation

QUITO, Ecuador The National Electoral Council (CNE for its Spanish acronym), in order to make a regulation for the press at election time in a proper preparation, is calling on the public, private and community media to receive ideas, opinions and suggestions for such task. That...
Posted On 25 Oct 2012
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Abelardo Panchano Dismisses Rumors of the Freezing of Bank Accounts of 99

The banker, Abelardo Panchano, criticized the announcement of the Ecuadorian President Rafael Correa for using the profits of the private banks to finance the increase of the Human Development Bonus. Panchano added that the current banking “does not owes and did not asked for a...
Posted On 25 Oct 2012
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Fernando Cordero: Increase of BDH will substract privileges to banks

The President of the National Assembly and member of Alianza PAIS, Fernando Cordero, said yesterday: “The approval of the urgent law project that increases the Human Development Bonus (BDH) will only affect the privileges held by banks, which currently pay less in income...
Posted On 24 Oct 2012
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List of Participants in the “United for Ecuador” Assembly

Political actors of different origins and affiliations, who participate in the  “United for Ecuador” assembly: Lenin Chica (independent assemblyman for Esmeraldas) Jimmy Pinoargote (independent assemblyman for Santa Elena) Leonardo Viteri (independent assemblyman for...
Posted On 24 Oct 2012
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Annabella Azin: PRIAN wants to reach second round

In an interview with Teleamazonas, Dr. Annabella Azin, wife of Alvaro Noboa, said her party (PRIAN) wants to reach the second round of voting and form a large bloc of opposition. Azin says her husband, PRIAN leader, talks with Lucio Gutierrez, talked with Guillermo Lasso and many...
Posted On 24 Oct 2012
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Prosecutor Office takes New Measures to Bank Embezzlement

The Attorney General, Galo Chiriboga, pointed out that the investigation of the credit of 800 thousand dollars given without guarantees by COFIEC to the businessman Gaston Duzac now looking for a bank embezzlement. Chiriboga stated that the investigation would conclude in a few...
Posted On 24 Oct 2012
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Political Groups unite for CREO

Today, from 10:00 am, at the Marriot Hotel, an official announcement will be made about the alliances of the movement Creando Oportunidades (CREO) with other political forces during an assembly called “United for Ecuador.” As can be seen in the formal invitation, a...
Posted On 24 Oct 2012
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