Capacity To Pay Debt Tightening While Willingness To Pay Goes Up

ECUADOR - Report 24 Mar 2015 by Magdalena Barreiro

Executive Summary Around 100,000 people from all sectors of the economy marched last Thursday to protest against the draconian import taxes recently imposed by the government to control the balance of trade deficit.However, this was not the only claim.The arrogance of the regime, the attacks to free press and lost liberties at various instances, the constitutional reforms to adopt indefinite reelection, and the new labor code, were also at the core of the protest. As usual, the President dismissed the importance of the march calling its participants “four sad pipsqueaks” helped by the CIA t...

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