Paraguay News: Franco’s Challenge


More news from Paraguay regarding the new President…

Federico Franco, Paraguay’s new president who was installed after what regional neighbours have scorned as a legally flawed impeachment process, “has the opportunity to a Paraguayan Cincinnatus”. So says Manuel Ferreira, the newly appointed finance minister (and ancient history buff).

Cincinnatus, though, was a Roman dictator – possibly not the title Franco would like to be remembered by, especially after he came to power in what has been slammed in Buenos Aires and some capitals as a new-style coup d’état.

But Ferreira said an ancient Roman dictator had a six-month mandate to resolve a specific crisis – rather like the 14 months in office Franco now faces to steer Paraguay out of institutional crisis and see out the term of Fernando Lugo.


Read more below…

Source: FT Blog



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