Petroperú, Peru's public hydrocarbon company, has requested rescue after accumulating multimillion-dollar debt in recent years. In January, Pedro Chira, still president of the company, raised the voice for help: the firm needs about 2.5 billion dollars (2.3 billion euros) in the short term.

The Government, however, has refused to provide new financial support to the company. “The figure claimed by the company is equivalent to almost one percentage point of GDP and implies debt forgiveness and capital contributions to get out of the hole,” highlights the Fiscal Council of Peru.