Uruguay

• Sunday, December 24th 2006 - 20:00 UTC

  Moody's improves Uruguay's rating but vulnerabilities remain

  Moody's Investors Service upgraded the foreign- and local-currency bond ratings of Uruguay to B1 from B3 following a steady improvement in fiscal performance, a reduction in external and government debt ratios, and a significant reduction of refinancing risks.

• Thursday, December 21st 2006 - 20:00 UTC

  Uruguay ratifies support for Spain's “facilitating” efforts

  

  Uruguay denied Wednesday it had rejected Spanish King Juan Carlos' “facilitating” efforts, following press reports in Buenos Aires attacking Uruguay for allegedly having desisted of the royal support to reestablish dialogue in the pulp mills controversy.

• Wednesday, December 20th 2006 - 20:00 UTC

  World Bank loan to ensure Uruguay's free of FAM status

  The World Bank's Board of Executive Directors approved Tuesday a 6.5 million US dollars loan for Uruguay to support the Foot and Mouth Disease Emergency Recovery Project and create a full-coverage livestock tracking system in order to keep the country virus-free and minimize economic losses.