Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, February 26th 2026 - 02:45 UTC

Tag: Santiago Peña

  • Tuesday, February 3rd 2026 - 12:57 UTC

    Paraguay’s long-run growth leads South America, but income gains lag

    The same comparisons place larger economies behind Paraguay in percentage terms, including Colombia, Chile and Brazil

    From 1960 to 2024, Paraguay posted the highest cumulative GDP expansion in South America, according to calculations published by Forbes Paraguay and Colombia’s La República, drawing on World Bank constant-2015-dollar series. Over that span, Paraguay’s economy rose from roughly US$2.8 billion to about US$46 billion (2015 prices), multiplying more than sixteen-fold.

  • Monday, January 5th 2026 - 08:44 UTC

    Paraguay's Peña approves of Maduro's arrest and wishes Venezuelans all the best

    Peña highlighted the event as a critical opportunity for a democratic restoration in the region

    Paraguayan President Santiago Peña celebrated Washington's intervention in Caracas to hold Bolivarian leader Nicolás Maduro Moros accountable before a New York court of law.

  • Wednesday, December 31st 2025 - 10:47 UTC

    Paraguayan President highlights economic growth and 3.1% inflation

    Peña acknowledged his country faced “tensions” inherent to a developing economy

    The Central Bank of Paraguay (BCP) announced on Tuesday that the country has concluded 2025 with an annual inflation rate of 3.1%, successfully meeting its target range and demonstrating a trend of continued macroeconomic stability.

  • Monday, December 22nd 2025 - 10:55 UTC

    Paraguay handed over Mercosur pro-tempore presidency

    There was no joint communiqué, but a 41-point declaration was agreed upon

    The 67th Southern Common Market (Mercosur) Summit concluded on Saturday in Foz do Iguaçu, with Paraguay officially assuming the bloc's pro-tempore presidency from host Brazil. Amid a backdrop of geopolitical friction and trade delays, Paraguayan President Santiago Peña outlined a pragmatic six-month agenda focused on economic openness and regional connectivity.

  • Saturday, December 20th 2025 - 09:46 UTC

    Integration Bridge between Paraguay and Brazil opened to traffic

    Lula presided over the ceremony as Peña was kept in Asunción due to personal issues

    The Brazil-Paraguay Integration Bridge was officially opened to vehicle traffic on Friday during a ceremony attended by Brazilian President Luiz Inácio Lula da Silva. His Paraguayan counterpart, Santiago Peña, intends to hold a separate event on Saturday on his country's side of the structure linking Foz do Iguaçu (Brazil) to Presidente Franco (Paraguay).

  • Tuesday, November 4th 2025 - 09:49 UTC

    Prince Albert II of Monaco lands in Paraguay for 3-day visit

    The Prince is next due at the COP30 climate change conference in Brazil

    Prince Albert II of Monaco arrived in Paraguay on Monday for his first-ever official visit to the South American nation, marking a historic moment aimed at boosting diplomatic and commercial ties. He was welcomed at the Silvio Pettirossi International Airport at 6.10 pm local time with full honors by Foreign Minister Rubén Ramírez Lezcano.

  • Friday, October 31st 2025 - 10:00 UTC

    Paraguay takes precautionary steps as Brazilian gangsters are on the loose

    “I have ordered the highest level of alert at the border and to move forward with the declaration of the PCC and Comando Vermelho as terrorist organizations,” Peña stressed

    Paraguayan President Santiago Peña on Thursday ordered the deployment of troops towards the Brazilian border amid fears that gangs targeted by local law enforcement might try to leave the country through those porous crossings. In a strong message via social media, Peña announced a decisive stance against transnational criminal organizations.

  • Friday, October 24th 2025 - 08:34 UTC

    Paraguay: President Peña signs into law controversial bill on NGOs

    The measure has drawn criticism from the opposition

    Paraguayan President Santiago Peña signed into law on Thursday the controversial bill creating a regulatory framework for Non-Government Organizations (NGOs), providing for their control, transparency, and accountability. The measure is also referred to as the “anti-NGO club law.”

  • Saturday, October 11th 2025 - 10:05 UTC

    Asunción wins bid to host 2031 Pan American Games

    This event will put Paraguay at the center of world sports, Peña noted

    Following a presentation and question session on Friday at the Panam Sports General Assembly in Santiago, Chile, Asunción was chosen by 28 votes to 24 over its rival, Rio-Niterói, Brazil, to host the 2031 Pan American Games, marking the first time Paraguay will organize this major continental Olympic competition.

  • Tuesday, October 7th 2025 - 10:15 UTC

    Fitch improves Paraguay's grading, but still short of investment status

    “Paraguay continues to demonstrate its strength,” Peña stressed

    Fitch Ratings upgraded Paraguay's risk outlook on Monday from “Stable” to “Positive,” moving the country closer to achieving an investment-grade rating from the agency, although the overall grading remained at BB+.

Previous