No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveEU suspends budget support to Nicaragua

EU suspends budget support to Nicaragua

The European Union has suspended $32 million in budget support to Nicaragua this year to protest the Daniel Ortega government´s failure to comply with the EU´s governability, transparency and human rights requirements.

The European Commission´s spokesman in Nicaragua, Pedro Mucciolo told The Nica Times yesterday the EU will release only about half the $68.2 million in aid it planned on providing for Nicaragua´s government budget this year.

The EU´s aid suspension comes after the U.S. government froze $64 million in aid under its Millennium Challenge Account in Nicaragua because of the impoverished country´s deteriorating democratic freedoms.

U.S. Ambassador to Nicaragua Robert Callahan told reporters yesterday that Nicaragua has three months to find a solution to its electoral crisis, in which the polarized country has come to an institutional standstill after allegations that the Nov. 9 mayoral elections were rigged by the ruling Sandinistas. Otherwise, Nicaragua´s frozen Millennium Challenge aid will be cut for good. The United States has backed opposition calls for a vote recount with international observers.

“Nicaraguans are the ones who have to find a solution to this problem,” Callahan said.

Trending Now

China and U.S. Trade Barbs Over Influence in Costa Rica

The Embassy of the People's Republic of China in Costa Rica reacted strongly to statements made by the new U.S. ambassador to the country,...

Endangered White-Lipped Peccaries Found Slaughtered Inside Golfo Dulce Forest Reserve

Last Wednesday, the carcasses of ten wild pigs were found slaughtered inside the Golfo Dulce Forest Reserve on the Osa Peninsula in southern Costa...

Gauff and Sabalenka Call Out Grand Slams on Revenue Split

As the 2026 Australian Open begins on Sunday, top tennis players welcome the tournament's record prize pool but call for deeper changes across all...

4.5 Magnitude Quake Shakes San José

A 4.5 magnitude earthquake struck the capital and surrounding areas causing residents to feel a strong shake but resulting in no reported injuries or...

Virgin Voyages’ Brilliant Lady Makes Debut in Costa Rica’s Limón Port

The cruise ship Brilliant Lady from Virgin Voyages docked for the first time at Puerto Hernán Garrón Salazar in Limón on January 19, marking...

Costa Rica Strengthens Fight Against Organized Crime

Lawmakers in Costa Rica have passed a significant reform to the Penal Code, establishing contract killing, known locally as sicariato, as a distinct crime...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica