The Threat of The Political Left in Costa Rica

The rise in the polls of José María Villalta, presidential candidate of the Frente Amplio party in Costa Rica, sparks concern among businessmen.

Tuesday, December 3, 2013

The business sector of the country expressed concern after a poll carried out by Unimer showed that the leftist presidential candidate has, today, between 17% and 22% of voter intentions in the country.

Although the results of the survey have not yet outlined any of the candidates as a clear favorite, the rapid rise that Villalta has had has generated unrest among Costa Rican businessmen.

Jaime Molina, President of the Union of Chambers and Associations of Private Enterprise said to Elfinancierocr.com: "It's not really fear, it is worry, What the Frente Amplio has demonstrated over four years in the Legislature is systematically holding positions that go against the private sector, that's what we read, that's what has happened, that's the reality. "

"What can one expect from this country? Countries with governments of this kind (socialism) have not fared well overall in Latin America, perhaps some having corrected their path as in the example of Nicaragua, but not on the side that it should be, which is on the side of competitiveness , employment generation," said the senior businessman in an article in Elfinancierocr.com.



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Costa Rican Elections : Effects on Insurance Market

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With the exception of the left wing party, most of the presidential candidates propose maintaining or strengthening the insurance market.

Strengthening, maintaining the legislation as it is and enhancing control over the market are the proposals of the candidates of the parties Unidad Social Cristina, Liberación Nacional and Movimiento Libertario, respectively .

Elections in Costa Rica: Poll Creates Uncertainty

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The virtual tie in the polls of candidates from the left, center and right is causing concern among employers.

With less than three weeks to go before the elections for the Presidency and Members of the Legislative Assembly, a poll has shown there is a tie for the top position, according to voter intentions, out of the three parties with distinct government programs, generating uncertainty about the changes to the business environment which could occur during the next term of government in the country.

Candidate Proposes Higher Taxes for Financial Sector

January 2014

In Costa Rica presidential candidate José María Villalta wants to reform income tax so that the financial sector contributes more.

Reforming the tax for the financial sector in Costa Rica will provide more resources to pay for public services and social security, as per the proposal by presidential candidate of the leftist party Frente Amplio.

Costa Rica: Public Salaries Under the Spotlight

December 2013

Entrepreneurs and ALL presidential candidates agree on the need to eliminate privileges and unfair wage abuses in the public sector.

"On this point the five candidates that top the polls agreed during a debate organized by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP)," reported an article in Ameliarueda.com.

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