Uruguay significantly stronger but still vulnerable to Argentina, says Fitch

Wednesday, April 9th 2014 - 06:30 UTC

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While Uruguay's current financial position is significantly stronger than in the early 2000s when its economy suffered from the effects of the Argentine crisis, a severe downturn in Argentina could still have an important impact on Uruguay's economy through a variety of transmission channels, according to a new special report published by Fitch Ratings. Read full article

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ChrisR
“Uruguay's improved credit buffers leave it in a better position to face a further deterioration in Argentina's economy.”

Perhaps.

Never overlook the spending by “No Money Pepe” and the rest of the incompetent, illiterate and innumerate Tupas.

This man, who I was hoping would be an example to all the other countries in SA of how to continue the improvement in the economy has done the exact opposite. He, quite literally, is the SA direct equivalent of The Cunt Brown © Jeremy Clarkson 2010 and he also destroyed an economy, that of the UK.
Apr 09th, 2014 - 12:07 pm - Link - Report abuse 0
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ynsere
If Uruguay manages not to be sucked under by Argentine folly this time round, it'll be the first time in a generation. The less we have to do with that country, the better our chances.
Apr 09th, 2014 - 04:34 pm - Link - Report abuse 0
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