Tag: last-minute

State Secretary

Its first meeting has been the holder of foreign, Trinidad Jimenez, to talk about the economy, the situation in Libya and Afghanistan and the Spain-U.S. By the same author: true crime. relations. Visit Cybever for more clarity on the issue. On the agenda of Clinton, meetings with Zapatero, the King and Rajoy. Jose Luis Rodriguez Zapatero, the President of the Government, has undertaken this Saturday before the Secretary of State American, Hillary Clinton, to continue to promote structural reforms that will enable to consolidate the recovery, and has highlighted the importance of fiscal consolidation processes. Zapatero, who met at the Palacio de La Moncloa with the Secretary of State American, on the occasion of his official visit to Madrid, has informed Clinton of the efforts that the EU is doing to ensure the euro’s stability and improve their economic governance, according to the Government on its website. In this way, Zapatero It responds to the words of Clinton, that he has encouraged this Saturday the Spanish Government to complete the economic reform package that has underway to restructure finances and strengthen the competitiveness of the Spanish economy.

Clinton has shown understanding with that is difficult measures they take time and patience and it is important to achieve it until the end. In addition, Clinton has assured that Spain can count on friendship proyects in Europe of the Government and the people of the USA. It is the second fastest growing EE UU inverter. In addition, the Secretary of State stressed that American support for the Spanish economy is very strong. The Secretary of State has made these statements at a working breakfast with the Minister of Foreign Affairs, Trinidad Jimenez in the Viana Palace at 0900 hours on Saturday, in which both reviewed matters of mutual interest and international news, as the situation in Afghanistan and Libya.

Spain Debt

Experts predicted a Black Monday for French banks. And so it has been. The four major banks Gallic recorded an important drop in the bag at half-time: BNP Paribas lost 13.2%; Credit Agricole 9.5% and Societe Generale 10.3%, among others. These losses are in addition to what has been a grim year. A fact: only Societe Generale has lost since January a 60%. The cause must be sought, according to French experts, in the increasingly more than likely bankruptcy Greek and its possible and fearsome effect dominated in the countries of the euro zone debt crisis. This weakens much to French banks that have money invested in public debt in those countries. According to Le Journal Du Dimanche, the French banking treasures almost EUR 50 billion billeted on sovereign debt, the majority in Italy, but also in Greece, Portugal and Spain. Source of the news:: the big French banks falls due to its exposure to the debt of Greece

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