In the last three years there has been a decline in the amount of credit granted to private companies for purchasing property, land and construction of buildings.
In September 2014, on average, 834 transactions were formalized between banks and other financial companies, representing a decrease of 28% compared to the same month in 2013. The downward trend in granting of loans for these purposes has been observed since early 2012.
The discretionality of interventions made by the central bank in the foreign exchange market could open the gate for unjust enrichment of those who have inside information.
In the best of democratic worlds, the intervention of public employees in the economy generates income transfers between the sectors within the economy, according to state policies that are largely accepted by the population.
51% of the country’s internet users are willing to change providers if they receive tempting alternative offers.
As for mobile telephony, 36% of the clients say they don’t mind changing providers.
An article in Elfinancierocr.com discusses the findings of a survey conducted among Costa Ricans by the University of Costa Rica. It provides insights as to how will internet and mobile phone users behave when the telecom market opens to new competitors.
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