Planning and Finance Minister Jorge Giordani denied outright that Venezuela would fail to meet payment of its foreign debt and fall into default.
According to the explanation he gave José Vicente Rangel in an interview broadcast by Televen, “Throughout its history, Venezuela has honored its commitments, and particularly during these ten years thanks to the political will of the government headed by President Chávez to honor them.”
Published by Veneconomy Monthly, Vol. 27 No. 11, August 2010 The right to elect in VenezuelaWith only four weeks to go to the Sept. 26 parliamentary elections, VenEconomy offers a summary of the obstacles the opposition has to overcome in order to achieve the majority the polls suggest is within its grasp.Veneconomy Monthly, August 2010 more >>
Published by Veneconomy Monthly, Vol. 27 No. 11, August 2010 Colombian – Venezuelan relations: A transient truce?The good news about the re-establishment of diplomatic relations between Colombia and Venezuela after the two countries’ presidents met in Santa Marta, Colombia, does not erase a persisting doubt: Is this merely a tactical truce engineered by Chávez in order to smooth things over before Venezuela‘s parliamentary elections in September? Or are relations between the neighboring nations in fact back on track as they should be, based on mutual respect and civility..?Veneconomy Monthly, August 2010 more >>
Published by Veneconomy Monthly, Vol. 27 No. 11, August 2010 PDVSA disappoints, againOn Aug. 3, Petróleos de Venezuela, S.A. (PDVSA) belatedly published its Annual Report and audited financial statements for 2009. Despite the brave language, the picture that emerges from the lengthy (523 page) report is that of a down-on-the-heels and rudderless entity...Veneconomy Monthly, August 2010 more >>
09/07/2010
