Ecuadoreans back limits on presidential re
Rafael Correa
QUITO (Reuters) - Ecuadoreans on Sunday voted to prevent presidents from holding more than two terms in office  according to the elections council  a win for President Lenin Moreno that blocks  his mentor-turned-adversary Rafael Correa  from returning to power.
The results from the referendum  called by Moreno  roll back a measure  Correa  pushed through Congress in 2015 to allow unlimited presidential re-election.
âThe victory of the âyesâ vote opens the path for us to work together  confrontation is a thing of the past â Moreno said in a televised broadcast  an apparent reference to  Correa âs famously combative style. âThe old politicians will not return.â
Moreno may now be emboldened to remove  Correa  allies from key government posts  and financial markets will likely see the result as confirming a more politically and fiscally conservative future for the South American oil exporting country.
FILE PHOTO - Ecuador's former President Rafael Correa talks to Reuters  in Quito  Ecuador January 30  2018. Picture taken January 30  2018. REUTERS/Daniel Tapia
QUITO (Reuters) - Ecuadoreans on Sunday voted to prevent presidents from holding more than two terms in office  according to the elections council  a win for President Lenin Moreno that blocks   [TGT] from returning to power.
The results from the referendum  called by Moreno  roll back a measure   [TGT] pushed through Congress in 2015 to allow unlimited presidential re-election.
âThe victory of the âyesâ vote opens the path for us to work together  confrontation is a thing of the past â Moreno said in a televised broadcast  an apparent reference to   [TGT]  âs famously combative style. âThe old politicians will not return.â
Moreno may now be emboldened to remove   [TGT]   allies from key government posts  and financial markets will likely see the result as confirming a more politically and fiscally conservative future for the South American oil exporting country.
FILE PHOTO - Ecuador's former President Rafael Correa talks to Reuters  in Quito  Ecuador January 30  2018. Picture taken January 30  2018. REUTERS/Daniel Tapia