Venezuela is Spain's main buyer of weapons
Venezuela's arms purchase accounted for USD 217.54 million from January-June, 26.5% of Spain's arms exports
From January-June, Hugo Chávez's Government purchased USD 217.54 million in arms, which is 26.5% of the total amount of arms exports reported by Spain, according to a document presented by the Economy Ministry to the Congress this week, AP cited.
The purchase mostly entails the acquisition of the last military vessel (out of eight) ordered by Venezuela to Spanish ship maker Navantia.
A group of some 60 Venezuelan economists from across the country and from different generations and backgrounds, has met regularly in the past couple of years and now has brought forth a document explaining the reasons of the current emergency and outlining specific proposals on how to address the serious economic crisis the country has plunged into over the last three years.