• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
CNE recognizes error in more than 6 million presidential ballots and says it will destroy them
Small and medium entrepreneurs of Guayaquil will be trained for business rounds
World food prices rose for the seventh consecutive month
More than 6 million presidential ballots will have to be reprinted due to an error in the logo of a political movement
Ecuador obtained $ 5.5 billion of income from exports in 2020
Ecuador, one of the nations most attacked by hackers
Why is inflation so low in Latin America and what does it say about the region’s economy
Femicide, a drama that involves more families in Ecuador
Second trial against former minister María de los Ángeles Duarte
An official resigns from the CNE stating that she was asked to sign documents to hire a supplier

Fisheries businessman Bruno Leone comments on economic situation

Posted On 17 Aug 2019

In an interview with Ecuavisa, the vice president of the National Chamber of Fisheries, Bruno Leone, claimed public long-term policies in midst of a climate of confidence so investments flow.

“Now, it is said we have a hard currency that makes it hard to cope with the crisis by the appreciation of the currency, but I rather believe that the fact of having a currency as the dollar is one of the few things that give certainty currently in Ecuador,” said Leone.

Leone recalled the three ways of of foreign exchange incomes in the economy: investment, debt and exports. “Apparently the regime is trying to work on all three fronts, the first with the proposed public-private alliance; the debt is opening the margin of borrowing to attract more debt, but they also have to work in exports, opening markets with trade agreements.”

“The agreement with Europe is still there, moving slowly. We have reports that the situation is not progressing according to schedule. Now, for refusing to implement a trade agreement with the US, even when we have the same currency.”

Bruno Leone believes that international credit rates are required, because at present the domestic credit is not stopped, the banks are not operating from 90 days ago.

 

 

EcuadorTimes “The first ecuadorian digital newspaper with bilingual news on the web”

https://www.ecuadortimes.net/

About the Author
  • google-share
Previous Story

El Niño phenomenon requires coordinated action

Next Story

Fidel Márquez recommends to eliminate subsidies

SEARCH

LATEST NEWS

CNE recognizes error in more than 6 million presidential ballots and says it will destroy them

Posted On 14 Jan 2021

Small and medium entrepreneurs of Guayaquil will be trained for business rounds

Posted On 14 Jan 2021

World food prices rose for the seventh consecutive month

Posted On 14 Jan 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net