Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.690

-0.3%

3:59 PM EST

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To: Telemarker who wrote (11457)	1/12/1999 3:06:00 PM
From: Steve Fancy	of 22640

Brazil leftist parties declare support for Minas Reuters, Tuesday, January 12, 1999 at 14:34 BRASILIA, Jan 12 (Reuters) - Brazil's main left-wing opposition parties on Tuesday declared their support for the decision by the governor of Minas Gerais state to set a 90-day moratorium on debt payments to the central government. "We manifest our support for and solidarity with Governor Itamar Franco who, by decreeing a 90-day suspension of Minas Gerais state's debt and demanding a renegotiation with the Union, laid bare the fiscal reality of all Brazilian states," the parties said in a communique.

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