Business Services Industry
2003 congressional elections will be decisive for Fox.
Internet Securities, November, 2002
MEXICO CITY, Nov 21, 2002 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Next year could be the period that will indicate how far the Fox administration will get during its term, since if the National Action Party (PAN) does not gain a majority in the new legislature, the administration will not be able to carry out the reforms and its promises will not be kept.Analysts from Goldman Sachs, Klein Center for Economic Forecasting of Mexico and Harbor Intelligence warned that the consequences "could be dramatic" if the administration does not get backing in Congress. Alfredo Coutino said that 3% growth could be at risk, generating increased unemployment, informal trade and crime.Jorge Vazquez Costina, president of Harbor, warned that in the last...
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