Country Risk

Pressures build on Venezuelan president

06 December 2017

Key Points

  • The escape from house arrest of Venezuelan opposition leader Antonio Ledezma may have involved some degree of military complicity, although overall military loyalty appears assured.
  • Purges, promotions, and access to economic resources are tools used by Venezuelan President Nicolás Maduro to ensure military support, with close intelligence surveillance of lower ranks completing control.
  • Further economic deterioration or increased international sanctions could play an important role in triggering military discontent, but a coup remains unlikely.

On 18 November, veteran Venezuelan opposition leader Antonio Ledezma arrived at the Adolfo Suárez Madrid-Barajas Airport in Madrid, Spain, to an effusive welcome from his family and political supporters.

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