Thursday, May 30, 2024

Logo Central America Link

Guatemala central bank governor unfazed by Europe’s crisis

Tuesday, December 13, 2011

As Guatemala prepares for a review of its economy, Edgar Barquín, the central bank governor, is optimistic.

“The Congress has to take the first step by passing the laws against tax avoidance and elimination of secrecy surrounding bank accounts,” he said.

Europe’s debt crisis and the slowdown in the United States could affect Guatemala’s prospects, he admitted. But “we reckon the impact won’t be too severe next year.”

Original source (in Spanish): El Periódico