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Pedro Alliana sworn in as Paraguay president after Santiago Peña's impeachment

Published by Euronews Business · France 12 h ago
Pedro Alliana sworn in as Paraguay president after Santiago Peña's impeachment
Pedro Alliana sworn in as Paraguay president after Santiago Peña's impeachment · Euronews Business

Detailed summary

Ousted ex-President Santiago Peña was placed under house arrest on Friday after he was impeached over a major banking crisis.

After three years as vice president, Pedro Alliana suddenly found himself catapulted to Paraguay's presidency on Friday following the impeachment of ousted leader Santiago Peña.Alliana, a former national team basketball player who would go on to lead the Colorado Party, takes office amid a political and financial crisis in the South American nation that was sparked by the collapse of Ueno Bank this week, which froze…

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