Ecuador FinMin Door Revolves Again

Ecuador FinMin Door Revolves Again

Andean

Maria Elsa Viteri has become Ecuador's finance minister, replacing Wilma Salgado, who resigned after disagreement with president Rafael Correa. Analysts do not expect Viteri, who had been the general undersecretary of finance, to make any major policy shifts. There is a close eye on the ministry this week, amid reports that a special debt audit commission will declare the country’s 2012 and 2030 dollar bonds “illegitimate.” Alessandra Alecci, senior analyst at Moody’s, says that neither the comm

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