The ratings agency Moody Investors Services downgraded Costa Rica’s government bond rating to Ba1 from Baa3 with a stable outlook Tuesday. The decision came weeks after President…
Costa Rica’s deficit is estimated to grow to 6.7 percent of the gross domestic product in the next year, according to the 2015 budget presented to the Legislative Assembly on…
A $1 billion auction of Costa Rican sovereign debt could relieve some of the short-term economic stresses on the incoming government but it’s not a panacea, Finance…
