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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

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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