President Hugo Chávez is "a demagogue and populist" who eventually "will have to pay for what he has done," Thursday said former Polish President and Nobel Peace Price Laureate Lech Walesa, who is visiting the Peruvian capital city of Lima.

In a news conference in the headquarters of the Foreign Press Association in Peru (APEP), Walesa stated that Venezuela is facing a situation of injustice on which demagogues and populists are capitalizing, AFP reported.

"I believe Chávez is a huge demagogue and populist who says one thing and does a quite different thing. He likes giving away what does not belong to him and tries to take advantage of people's dissatisfaction," he added.

"So far he has been successful, but the time of truth shall come and he will have to pay for what he has done," Walesa added.

Walesa suggested Latin American countries to work to attain a union similar to the European Union, which he called a successful model.