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View Full Version : Ecuadorean Economy to Shrink 1% This Year, S&P’s Francis Says - Bloomberg



NewsWhore
03-28-2009, 05:30 PM
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Ecuadorean Economy to Shrink 1% This Year, S&P’s Francis Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaihjubfL33NU%26refer%3Dlatin_america&cid=0&ei=G5jOSZv2IJDYQciM_LgM&usg=AFQjCNER60zM2lmnVFxD6JqoLI6Co7Houw)
Bloomberg
Ecuador began using the dollar in 2000, after its own currency, the sucre, lost about two-thirds of its value the previous year, and the deepest recession in more than a century forced the country to default on $6.5 billion of debt. ...


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