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prima:Cooperatives do not relent in their millionaire claim against the government

With Senate Bill 644, several of the most prominent institutions in the sector intend to create a mitigation plan to recover some $400 million in losses from the Puerto Rico bond default

May 17, 2024 - 2:58 PM

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This content was published more than 6 months ago.
Rubén Morales, president of Vega Coop, and Miguel Ortiz, president of Credicentro. (Pablo Martínez Rodríguez)

The Cooperatives for Capitalization movement insisted on the need for the Legislature to approve a measure that, among other things, would impose a mitigation plan for the government to restitute the money lost by the cooperative sector as a result of the country’s bankruptcy.

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