News

Uruguay: worker-owned tannery has closed, despite state loan

28/04/2016

A change of government in Uruguay at the end of 2015 has led to big changes in the way a national development fund, FONDES, will run in future. An idea that the previous administration brought into force in 2010, FONDES sought to help worker-owned companies, including tanneries. In the following five years, it approved loans totalling almost $70...

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