Venezuela Offers
Nicaragua To Replace
U.S. Aid
Managua - President
Daniel Ortega says
Venezuela has offered
Nicaragua US$100 million
in aid if the U.S. and
European Union cut off
funding over disputed
elections.
Ortega says his leftist
ally Venezuelan
President Hugo Chavez
made the offer last week
“without blackmail,
without conditions of
any sort.”
The U.S. said last week
it would freeze US$64
million in anti-poverty
aid to Nicaragua amid
accusations that local
elections were
fraudulent. The EU has
withheld US$54 million
in budget support.
Ortega spoke Monday in a
televised address.
Ortega’s leftist
Sandinistas won most of
the country’s mayorships
in the Nov. 9 elections.
The opposition proposed
legislation to cancel
the results, but Ortega
issued a decree
declaring that effort
unconstitutional.