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MercoPress, en Español

Montevideo, November 25th 2024 - 15:50 UTC

Uruguay

  • Saturday, July 20th 2019 - 09:50 UTC

    Strong contraction of Uruguay's economy: GDP forecasted to grow 0.6% this year

    Minister Astori said “the government was making everything possible to recover growth levels, and at the same time, improve fiscal results”.

    Uruguay's Economy minister admitted on Friday that the country will end 2019 with a “very modest growth”, in the range of 0.6%, but was confident the economy would pick up in 2020 when the construction of a new pulp mill, with an investment of at least two billion dollars, is scheduled to start.

  • Thursday, July 18th 2019 - 12:14 UTC

    Montevideo gas workers lift strike after government's announcements

    The unification of Montevideo's two gas suppliers is planned to improve management, explained Moncecchi.

    As the Uruguayan state has vowed to take over the administration of departing Montevideo cooking gas suppliers Montevideo Gas and Conecta and jobs have been secured, the UOEGAS workers' union has agreed to end the strike, starting this Friday.

  • Thursday, July 18th 2019 - 09:40 UTC

    What did the Mercosur’s leaders say about Venezuela in Santa Fe?

    Venezuela is currently banned from Mercosur

    The political and economic crisis in Venezuela was the center of the political debate among the heads of state that, this Wednesday, met in Santa Fe, Argentina in the Mercosur semi-annual summit, a block from which the Caribbean country is currently suspended. Neither Uruguay, Bolivia nor Chile addressed a word regarding the Venezuelan situation.

  • Thursday, July 18th 2019 - 09:39 UTC

    Uruguayan President Vázquez underlines the importance of the EU deal for Mercosur

    “Improving the international insertion is an indispensable requirement,” said Vázquez.

    Uruguay's President Tabaré Vázquez Wednesday highlighted in the Argentine city of Santa Fe the partnership agreement reached in the first semester of the year with the European Union (EU) as a very important achievement for Mercosur after 20 years of negotiations, 39 formal meetings and many other informal ones, for which he thanked the technical teams involved.

  • Thursday, July 18th 2019 - 08:22 UTC

    Bad times for the hotel industry in Uruguay

    The Belmont in Carrasco

    Several iconic hotels in Montevideo, Uruguay, have closed or will be converted into office buildings according to the Chamber of Tourism sources. The list includes a top-rated boutique hotel, Belmont, which hosted among others members of the British royal family and political figures such as Fidel Castro, and other world leaders.

  • Wednesday, July 17th 2019 - 10:47 UTC

    Tabaré denies brokering meeting with Bolsonaro

    “The issues we have are common to all of Mercosur,” said the Uruguayan president.

    Uruguayan President Tabaré Vázquez Tuesday denied having sought to meet privately with his Brazilian counterpart Jair Bolsonaro during Wednesday's Mercosur summit in Santa Fe, Argentina.

  • Wednesday, July 17th 2019 - 10:10 UTC

    Uruguayan State to manage Montevideo gas supply as Petrobras leaves country

    It was agreed that all necessary administrative measures will be taken to put an end to the Conecta S.A. and Distribuidora de Gas Montevideo concessions

    Uruguay's President Tabaré Vázquez and Petrobras CEO Roberto Castello Branco met Tuesday in Santa Fe, Argentina, to discuss a possible solution to the crisis affecting Montevideo's two gas suppliers, which are both subsidiaries of the Brazilian consortium.

  • Tuesday, July 16th 2019 - 10:59 UTC

    Mercosur expected to announce dropping of roaming charges in Santa Fe

    Consumers in any of the four member countries will be able to use their cell phones in any of the other member countries without having to pay extra.

    The presidents of Argentina, Brazil, Paraguay and Uruguay are expected to announce Wednesday the elimination of the roaming service charge when travelling to any of the Mercosur countries, it was reported.

  • Tuesday, July 16th 2019 - 10:51 UTC

    US qualifies Uruguay as a safe country to invest but warns about union power

    US embassy in Uruguay argues that ”small and medium-sized industrial enterprises (SMEs) in the United States describe the Uruguayan market as difficult to enter in some sectors of the economy”

    A report issued by the United States Department of State on the investment climate in Uruguay on Monday analyzed the legal, political and economic aspects of the country. On the one hand, it stands the legal security, the free movement of capital, the preferential regimes and the investment grade. On the other, it warns about aspects such as labor relations, the power of unions, the advantage of public companies and the increase of problems in education and security.

  • Monday, July 15th 2019 - 18:37 UTC

    Tabaré looks forward to bilateral meeting with Bolsonaro at Mercosur summit

    Tabaré Vázquez remains the only regional leader who is yet to sit down with the retired army captain.

    Uruguay's President Tabaré Vázquez is ready to hold a first-ever one-on-one meeting with his Brazilian counterpart Jair Bolsonaro to discuss bilateral issues, during this coming Wednesday's Mercosur summit at the newly remodelled west wing of the historic Belgrano Railway Station in the city of Santa Fe, Argentina.