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Interest Rates Lowered, Banks to
Increase Their Reserves
The Banco Central de Costa Rica
(BCCR) - the central bank -
announced changes that can
reduces interest rates paid to
depositors and at the same time
offer depositors more security
of their banking institution,
forcing banks to increase their
reserves to 15% for the current
12%.
Record Number of Political
Parties Registered for 2006
Election
According to figures released by
the Tribunal Supremo de
Elecciones (TSE) - the
government agency in charge of
the upcoming elections - there
has been an increase in the
number of political parties that
will participate in the February
2006 election.
Domestic Violence on the
Increase
Lately Costa Rica has been
experiencing a wave of domestic
violence unseen before in the
country.
Deputies Are Becoming Impatient
Over Figueres
What ever happened to former
president José María Figueres
Olsen? Remember a short while
back he figured in the daily
headlines and then nothing.
Personality of the Year
The former president of the
Central Bank of Costa Rica (BCCR)
Eduardo Lizano was bestowed with
the Personality of the Year 2005
award of the by The Financial
Times.
Know What A Perito Is?
For those not native to Costa
Rica it is not a dog but an
inspector.
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