La Diaria doesn't pay the million-dollar loans it received from Brou

The ultra-left Uruguayan pamphlet received funding during the administration of Frente Amplio's José Mujica (2010-2015).

Mainly, it was funded through loans from state-owned banking institutions and so-called "support" programs.

This way, Mujica's government funded its favorite pamphlet with everyone's money. 

It injected public money into La Diaria in exchange for unconditional support for its government.

This continued during Tabaré Vázquez's second government. 

Banco República Loans

La Diaria received huge loans from Brou, which is Uruguay's main state-owned bank.

It also benefited from loans from the Fondes (National Institute of Cooperativism, previously managed directly by the Presidency), a fund created during Mujica's presidency to finance so-called "productive projects and cooperatives."

It is worth remembering that La Diaria is not a commercial company from a legal standpoint, but rather a cooperative, which represents clear unfair competition to other media outlets such as El País, El Observador, or Búsqueda, which are commercial companies and pay the corresponding taxes.

By disguising itself as a cooperative, La Diaria avoids paying a series of taxes.

Dark funding

These fundings were part of a "policy of support for media outlets considered essential for the plurality of voices in Uruguay," in a context where the media market was, supposedly, highly concentrated.

The purpose is clear: with money from all Frente Amplio governments, they funded their favorite pamphlet.

This way, the pamphlet received from Mujica's government a million-dollar loan that it has not paid in full. 

More unpaid debts

According to the Central Bank's website consulted in October 2025, La Diaria has a debt with Brou as of July 31, 2025, of $9,224,000 and another of $630,000, totaling a debt of $9,854,000.

La Diaria is in "debtor category 4," which means it is "almost irrecoverable."

This means that they are not paying their debts, and it is almost certain that they will not pay them either.

This way, Banco República, which belongs to all Uruguayans, is funding the ultra-left pamphlet.

Of course, they hide this and claim that they are funded by subscriptions. 

The reality is that they are funded with Uruguayan taxpayers' money and request loans that they later do not pay.