Vázquez Will Not Run In 2009

June 2007 | Risk Summary

Uruguayan President Tabaré Vázquez announced in June that he will not run in the 2009 elections, which triggered a debate about who will be the presidential candidate for the ruling leftwing Frente Amplio coalition. Vázquez remains very popular with the Uruguayan people, and with the ruling party having a majority in congress, many believed he may attempt to change Uruguay's constitution to serve a second term in office. While this may create some instability when elections come round, we feel Uruguay currently remains one of the most politically stable in the

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