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Costa Rican Super-Internet project faces trouble

Monday, September 16, 2013

Banco de Costa Rica said it has frozen a loan requested by state telecoms company ICE for a Super-Internet project, Costa Rican daily La República reported.

The bank based its decision on a number of legal problems surrounding the project.

ICE said it had considered the possibility of a cancellation of the loan, and even considered the possibility of a lawsuit by the Banco Nacional in its most recent report requested by administrative authorities.

Full story (in Spanish)