In Paraguay, the Banking Crisis Also Leaves Firefighters Dry
7 Articles
7 Articles
The Paraguayan volunteer firefighters had about 2 billion guaranis (some $320,000) deposited with Ueno when the Central Bank ordered its closure on 3 November, due to serious solvency problems. "Just as many of our institution's depositors have been swindled, we ourselves, as an institution, have been swindled and today we are suffering the consequences," says AFP, with his eyes in the face, Officer Acuña, commander of Mariano Roque Alonso's Six…
Paraguay's volunteer firefighters suffer the collapse of Ueno: find out why their barracks should ration aid and the impact of bank fraud.
The caisses of Paraguay's volunteer firefighters have been blocked since the closure of Ueno Bank, the bank whose collapse caused a crisis... Read more In Paraguay, the volunteer firefighters caught in the throat by the bankruptcy of a bank appeared first on Le Singulier.
After 29 years as a volunteer firefighter, Oscar Acuña faces an emergency for which he did not receive training: the funds of all the barracks of Paraguay were trapped in Ueno, the bank whose collapse plunged the country into a crisis and downed President Santiago Peña. Paraguay’s volunteer firefighters had about 2 billion [...] Paraguay’s firefighters entrance to the unprecedented emergency: without funds due to bank scandal was first published…
The lack of liquidity has forced several barracks to reduce their service, prioritizing emergencies and facing difficulties in financing fuel essential for their operations.
After 29 years as a volunteer firefighter, Oscar Acuña faces an emergency for which he did not receive training: funds from all of Paraguay's barracks were trapped in Ueno, the bank whose collapse plunged the country into crisis and downed President Santiago Peña.
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