Tag: Danilo Astori

• Tuesday, June 5th 2012 - 20:03 UTC

  Uruguay’s inflation kept climbing in May reaching an annualized 8.06%

  

  Uruguay’s inflation climbed in May to an annualized 8.06% the highest so far this year, according to the Statistics Office release on Tuesday. In May consumer prices were up 0.39% over April accumulating 3.82% in the first five months of the year, which makes the annual target of 4% to 6% hard to achieve.

• Wednesday, May 9th 2012 - 20:56 UTC

  Mercosur “going through its worst moment in history” claims Uruguay

  

  Uruguay’s Vice-president Danilo Astori said Mercosur is going through its worst moment in history because some of its members in practical terms “are denying the most basic principles”.

• Saturday, April 21st 2012 - 07:31 UTC

  Astori tells Spanish businesses “Uruguay, an attractive and safe” country for investors

  

  Vice president Danilo Astori currently on a business trip to Spain described Uruguay as an “attractive and safe” country to invest given its macroeconomic solidness, strength of its institutions and stimuli for investors, both domestic and from overseas.

• Wednesday, April 4th 2012 - 02:28 UTC

  A decade later S&P lifts Uruguay’s rating to investment grade

  

  Uruguay’s credit rating was raised one level by Standard & Poor’s, which means the country has returned to investment grade for the first time in a decade.

• Tuesday, March 13th 2012 - 07:21 UTC

  “Argentina completely ignores the Mercosur treaty and spirit” says Uruguay

  

  Uruguayan Vice-president Danilo Astori strongly criticized the current situation in Mercosur blasting protectionist measures of both Argentina and Brazil, which together with Paraguay are full members of the block

• Wednesday, February 8th 2012 - 06:21 UTC

  Uruguayan cabinet divided over how to address Argentine trade restrictions

  

  The latest round of imports’ restrictions imposed by the government of President Cristina Fernandez and how to address them have triggered a serious debate inside the ministerial cabinet of Uruguayan president Jose Mujica.

• Wednesday, January 4th 2012 - 06:34 UTC

  Uruguay consumer inflation in 2011 reaches 8.6%, which is 43% above target

  

  Uruguay consumer price inflation accelerated to 8.6% in 2011 from 6.93% the previous year, the government stats office, INE said on Tuesday.

• Thursday, December 15th 2011 - 20:59 UTC

  Astori anticipates investment grade and the white list for Uruguay in 2012

  

  Vice president Danilo Astori anticipated that in 2012 Uruguay will recover investment grade and said that including Uruguay in the OECD “grey list” was a “tremendous injustice” which did not take into account all the advances achieved in combating money laundering and narcotics trade.

• Thursday, December 15th 2011 - 03:45 UTC

  Uruguayan president and Vice-president publicly clash over education policy

  

  The Uruguayan president and Vice president have again openly clashed this time over education reform. First Lady and Senator Lucia Topolansky described Vice-president Danilo Astori’s comments on the issue as “negative” and praised the attitude of teachers’ unions involved in the reform effort.

• Thursday, December 8th 2011 - 19:54 UTC

  Uruguay with “two economic teams, let us not play with fire” warns top economist

  

  The academic director of a Conservative think-tank, questioned Uruguayan president Jose Mujica attitudes and expressed the growing concern in the local business community and internationally about the fact the country seems to have two different economic teams.