The Paraguayan economy has grown at an average rate of 4.8% over the past decade (2005-2015), yet has witnessed two periods of contraction over the timeframe. The first came in 2009, when the economy shrank by almost 4% - the second contraction came in 2012.
The economy is heavily reliant on agricultural exports, so is susceptible to fluctuating commodity prices and adverse weather – a drought plagued the country in 2008 and led to an economic slowdown.
Report Data: 2015
Linde has confirmed that a consortium comprising of the Messer Group and CVC Capital Partners Fund VII have entered into an agreement to purchase the majority of Linde’s gases business in North America and certain business activities in South America.
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