Jaime Quintana, president of the Senate

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15 November 2019The president of the Chilean Senate, Jaime Quintana, announced that a referendum will be held in April 2020 to revise the Constitution inherited from the dictatorship of Augusto Pinochet (1973-1990). After several hours of negotiations in Parliament, the governing coalition and the main opposition parties have signed an "Agreement for peace and the new constitution".

"It is a historic night for Chile and democracy. It is a response of good politics, of politics in capital letters, which has transversally involved all the parties", declared Quintana, who also wanted to recall "the victims of both the parties "and" the persons dead and affected in their essential rights ". In the referendum the Chileans will say whether or not they want a new constitution and whether it will be written by a constituent assembly or by a 'mixed constitutional commission'.

The political agreement has made the Santiago stock exchange euphoric, which now earns over 6%. The move, which meets the demands of street protests, which resulted in clashes and violence in the last 20 deaths, also had repercussions on the weight that fell sharply by 3% against the dollar to 778. Previously , the greenback was quoted over 800.