Zapatero: Spain navigate with difficulty, but is a powerful trasatlntico
. The Prime Minister, Jos Luis Rodrguez Zapatero, stood before the Spanish colonial Singapore, in its turn Asian, and launched a word of minimum after he said, "two years where only give bad news. " "Spain still have difficulty, but the ship must sail the force, is a powerful trasatlntico." And auction, "Be quiet." "Spain is a great power should play an important role in Asia."
In the "important role, free mmorpg game, in Asia," Zapatero "sold" today Espaaa mark a group of investors from Singapore, which has ensured that the Economic reforms that is carrying out his government in the last year and a half "has parangn in the last 30 years" in the history of our country.
His listeners across the main investors in this tiny city-state in Southeast asian, like China or the Gulf emirates have, everquest 2 platinum, the world's largest sovereign funds willing to invest in financial sectors strategic purposes.
The Prime Minister has insisted it has already developed speech Monday and Tuesday in China: AFTER the rescue of Portugal, Spain is not in danger because it has slowed the deterioration of finances public.
In his view, the problem of sovereign debt passes have lived, global agenda credits, in Europe have to do with the investment effort that had to do in 2008-2009 to tackle each of the private sector.
Investing in boxes
Zapatero has offered a dozen executives of leading institutions in Singapore to invest in savings banks Spanish and reminded them that "without Asia's recession would have been three times less intense and vigorous recovery."
Because the European Monetary Union, 1999 birth, said the chief executive, with a "structural weaknesses", the lack of fiscal armonizacin that has emerged in this crisis and that has been in the low strength of national treasures of some of its economists.
Zapatero calls for these funds from Singapore for the possibility of participating in the capitalizacin of savings, such as going to China with 9,300 million euros, and has defined the 13 mergers phrase that remain after the unification n of the 45 savings and future "commercial banks" while still retaining some of its identity're public.
The fusion was inevitable because Spain, although it has a financial regulacin central bank has been proved "useful and effective," said the head of government, has a financial network "that has proved excessive. "
Among the dozen or so attending the breakfast meeting were the chairman of Temasek Holdings, Greg Curl, Vice President of the Singapore sovereign wealth fund, Felix Momsen, and the chief investment officer at United Overseas Bank Limited (UOB), Jimmy Koh.