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Economy / Uruguay

URUGUAY

October 2011 | Ratings Update

Returning from a ten-day visit to Europe, Uruguayan president Jose Mujica announced his government aims to attract more foreign investment in the country and to maintain macroeconomic stability. While reassuring European partners that the Uruguayan political left has learnt to control inflation and to avoid spending beyond its means, Mujica said Uruguay will continue along its long-held tradition of contract enforcement and rule of law, which in turn supports our view that political and economic stability will prevail in the

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