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Fury in Panama over plans to privatize state stakes

Tuesday, June 19, 2012

As political tensions continue to mark Panama's economic success, the nation's Congress had to be closed amid noisy protests.

The protesters are apposed to government plans to privatize its minority stakes in two areas.

The government wants to sell its 24 percent stake in Cable & Wireless, as well as its 49 percent stake in the electricity distributors, Spain's Unión Fenosa and Colombia's ENSA.

Full story (in Spanish)