Constitutional Referendum Approves New Charter
President Rafael Correa backed a new constitution approved by referendum that reorganized Ecuador's political institutions.
Explore 3 historical events and records for Ecuador in 2008.
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President Rafael Correa backed a new constitution approved by referendum that reorganized Ecuador's political institutions.
Declares Ecuadors national debt illegitimate, based on the argument that it was contracted by corrupt and despotic prior regimes. Announces that Ecuadoor will default on over $3 billion worth of bonds; then pledges to fight creditors in international courts and succeedws in reducing the price of outstanding bonds by more than 60%
Declares Ecuadors national debt illegitimate, based on the argument that it was contracted by corrupt and despotic prior regimes
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