Mexicans grin and bear terms of US loan deal

Lazaroff, Leon
February 1995
Christian Science Monitor;2/24/95, Vol. 87 Issue 62, p7
Comments on the frank appraisal by Mexico of the impact of the $20 billion loan from the United States to pay off short-term loans. Severe austerity and high interest rates of almost 50%; Move by President Ernesto Zedillo Ponce de Leon to ensure the return of the loan; Lingering uncertainty over the actual end of the crisis; Details of the various moves by the Mexican Government to reduce the crisis.


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