Rafael Correa was elected as the new president of Ecuador

Argentina, February 17, 2013

Rafael Correa, President of Ecuador, announced his victory in the elections held in the Latin American country. According to the preliminary figures, the victory would have been in the first round. Thus, Correa would have been reelected for a second term.

Cedatos consultant published that Correa achieved a 61.5% of the votes compared to a 20.9% of Lasso. The president already celebrated from the banquet hall of the presidential palace.

Official results will be known just after 9 pm, where the trend will be definitively known.

Another poll, from Public Opinion private firm also said the president reached a 61% of the votes, against 21% of banker Guillermo Lasso.

Foreign Minister Ricardo Patino, confirmed that the victory was “overwhelming.”

Correa won the presidency in late 2006. Since then, he increased state involvement in the oil industry and government spending in key areas such as health, education, among others.