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Venezuela bondholders inch toward showdown

Wednesday, May 24, 2017

Venezuelan Electoral Council Sets Regional Elections for Dec. 10

The National Electoral Council (CNE) of Venezuela announced on Tuesday its plan to hold regional elections in the country on Dec. 10, after they were delayed since the end of 2016 despite an outcry by the opposition. “We have decided to convene regional elections for governors and regional legislative assembly by Dec. 10, 2017,” CNE President Tibisay Lucena announced on Tuesday, hours after President Nicolas Maduro gave the CNE the power to convene a National Constituent Assembly. The CNE, which has already announced the 2017 electoral calendar, will also convene a meeting in which they will approve the election schedules and hold elections for the 540 representatives of the Constituent Assembly promoted by the President and which will be held in July. More…

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