Mexicans grow impatient with Peña Nieto as violence flares

5/3/2016 Financial Times

peña-nietoYoung and debonair, Enrique Peña Nieto was the fresh face of a tarnished old party when he became Mexico’s president.

In his first two years he pushed through ambitious reforms in energy and telecommunications, the financial sector and education, designed to unleash investment, boost competition and power growth.

But three and a half years after his election, the economy is stubbornly tepid, while scandals and rising violence have helped knock 9 percentage points off Mr Peña Nieto’s popularity rating so far this year.

Only 30 per cent of Mexicans approve of the job he is doing, according to a recent poll published in the newspaper Reforma. That is lower than Ernesto Zedillo’s ratings in 1995, when a crisis led the economy to slump 6.9 per cent that year.

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