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Sunday 02 November 2008, San José, Costa Rica 

Six Months Preventive Detention For Killer Trio
'Think Art’ Project To Reach 13 Guanacaste Schools
Plasma Engine
Credit Restriction
Free Zones
 
Credit Restriction
Businessmen representing 44 companies and six productive sectors belonging to the Association of Private Business Chambers (UCCAEP in Spanish) blamed credit restriction for the recent slowing down in Costa Rican production.

UCCAEP chairman Manuel Rodriguez said that state banks are the ones which have applied the most restraints in recent months and that production depends wholly on credit.

Central Bank chairman Francisco Gutierrez explained that the situation does not result from bank policies but rather from the accelerated expansion of credit in the past and the restrictions spawned by the international finance crisis.
 
 

 

 

 
 

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