Venezuelan President Nicolas Maduro will be sworn-in for a second, six-year term on Thursday despite his country’s continued economic spiral that has sparked the region’s worst ever migration crisis.

Maduro’s new term will bring further international presssure on Caracas as dozens of countries have called his May re-election fraudulent and pledged not to recognise his new government.

The European Union is expected to release a strongly worded warning hinting that further EU sanctions could be levied on the country, should the president continue to flout human rights and the rule of law.

Guy Verhofstadt, the influential MEP and leader of the liberals in the European Parliament, told the Telegraph, “The EU should no longer recognise the legality or legitimacy of Nicolas Maduro’s sham presidency.”

The lack of international recognition will be apparent from the lack of foreign visitors to the inauguration ceremony of Maduro, due to be held at 10 am outside the Supreme Court building. Only Cuba and Bolivia have confirmed their presidents will attend, while a handful of other countries will send diplomats.