Uruguay. According to Countryaah.com, Uruguay Independence Day is August 25. The year was dominated by the aftermath of the severe economic crisis in 2002, which was the result of the crisis in Argentina. However, Uruguay was considered to have escaped the “Argentine infection” quite well. But 2003 became the fifth consecutive year of economic recession and the economy was expected to shrink, although modest growth was recorded for the first quarter and the government declared that the worst phase of the crisis was over.
Yet in March, however, four banks were in danger when cash withdrawals suddenly increased dramatically again and the government was forced to introduce four days of closure of the banks. Negotiations with the International Monetary Fund (IMF) on the restructuring of Uruguay’s loans after the banking crisis, where public debt amounts to $ 5.3 billion, yielded results in February.
Finance Minister Alejandro Atchugarry explained that it meant a fresh start for credit flow to Uruguay and a support for the country’s quest to rebuild its once-solid financial reputation and that Uruguay’s debt situation is now manageable.
Uruguay – Montevideo
Montevideʹo, capital of Uruguay; 1. 3 million residents (2012). Montevideo, located on the northern coast of Río de la Plata, is Uruguay’s most dominant center. The city houses about half of the country’s population within its metropolitan area and accounts for the majority of industrial production. Agricultural products are mainly processed, and Montevideo has many large slaughterhouses, cold stores and canning factories. Furthermore, there are leather, textile and metal industries as well as oil refineries and cement factories. Montevideo is a hub for the country’s communications and has a large port, which is important for the country’s foreign trade and fishing. The international airport, Carrasco, is located just east of the city. Almost all higher education in Uruguay is located in Montevideo, which among other things. has two universities and several colleges.
Montevideo was built by the Spaniards in 1726 and became the capital of Uruguay in 1828. In 1836 mass immigration began, and the city’s growth started in earnest. During the Civil War of 1839–51, Montevideo was subject to a long-standing blockade.
Republic of Uruguay Brief Guide
According to AbbreviationFinder, Uruguay is a state in South America. Its neighbors are Brazil to the north, Argentina to the west and the Atlantic Ocean to the southeast. Uruguay covers an area of 175,016 square kilometers and has a population of nearly 3.5 million.
The population of South America is very photographic. However, good practices include asking permission from the person being photographed before taking the picture.
Food & beverage
At the heart of Uruguay’s food culture is grilled meat, especially beef, and in the countryside, mutton. There are barbecues everywhere and on weekends it is customary to have barbecues. The most popular ways to serve meat is between bread ( chivitos ) and with boiled potatoes ( chivitos al Plato ). Italian food culture is also reflected in the form of pasta, which is a popular Sunday food. A lot of meringue is used in desserts. Local Mate is made from the leaves of the Mate plant. The beverage is an herbal beverage that is often drunk with a metal filter whistle. All water and beverages must be industrially bottled. Salads and vegetables should also be rinsed with bottled water. Heated or tablet-purified water can be drunk.
Uruguay is a safe country. However, in big cities and in the midst of crowds, pickpocketing is possible and moving around at night in certain areas can be unsafe. Valuable jewelry and watches should be left at home. However, general caution within common sense is desirable throughout the journey.