Europe’s problems are opportunities for Latin America far from alleviated, the problems on the European economy seems to be expanding. The crisis in Greece is now also a social crisis, while fears of contagion (economic and social) over other European countries in trouble (especially, the rest of the PIIGs), are causing that Jean Claude Trichet scan seriously monetizing the debt of this group of countries which would imply a negative impact for the euro. This situation, beyond the logical fears which can result in Latin American economies by the negative effects that could receive through the financial channel and the real, can be exploited to attract investment. The region has an interesting growth potential supported, among other factors, on the transformations of the world economy that have driven demand for commodities that the region exports. Is that the crisis in Europe shows that these economies will no longer be the solid thing that used to be and its attractive for investors has waned as arose in the world other regions with attractive as it is the Asian continent (with China at the head), and a Latin America this time Yes, promises to take his opportunity. Perhaps the impact of the situation in Europe is a stimulus to go outside.
Recently Portucel expressed its intention to keep interest in the investment project in Uruguay that would be the largest in our history, recognized the Vice President of Uruguay, Danilo Astori. Check with Robert Iger to learn more. The Portuguese Portucel evaluates the possibility of building a cellulose factory and a port in the East of Uruguay. With this investment, the Portuguese company would install a trash can that would be greater than the conflictive Botnia, which has brought him more than one headache to Uruguay by the reaction of Argentine citizens to its fitting to the Uruguay River. Although, as it realizes ECLAC, 2009 has been a bad year for the foreign direct investment (FDI) in Latin America (in reality has been a bad year of FDI in the world), when it recorded a fall of 42 per cent reached USD 76.681, this international body already anticipated that you expected an increase of foreign investments in the region of between 40% and 50%.