1991 The idea of granting the island independence is turned down since the territory is thought to turn into an economic disaster without the metropolis' support.
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The idea of granting Aruba independence is turned down
1991 The idea of granting the island independence is turned down since the territory is thought to turn into an economic disaster without the metropolis' support. |
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Foreign companies go bankrupt in Aruba
1992. Financial crisis triggered by the bankruptcy of some foreign companies with investments on tourism. |
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Coalition between two political organizations
1994. The People’s Electoral Movement (MEP) is defeated in the general elections. A new coalition is formed between the Aruba's Liberal Party and Aruba's liberal Organization. |
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Aruba's independence is put off
1994. The Aruba, Netherlands Antilles and Holland administrations decide to put off the plans for the territory's independence scheduled for 1996. |
