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.
President Nicolás Maduro is not only the heir to the throne, but also to an economic crisis which demanded urgent measures to rectify the course. The crisis showed up in two aspects: a 50% inflation estimate, and shortage of staples ranging between 70% and 98%. These issues might hit the President's poor popularity; considering his feeble electoral victory of 1% over his challenger.