Spaniard companies will freeze investments
Mexico.- The main Spaniard companies will freeze their investments in Latin America because of the risk of a negative effect from the world financial crisis on the region, especially Brazil and Mexico.
According to the fifth report “2012. Investment Outlook in Latin America” by IE Business School, in collaboration with several chambers of commerce and embassies and presented in Madrid, 70% of Spaniard companies with subsidiaries in Latin America believe that the economic crisis will have larger repercussions on this zone of the world.
Source: EFE | Date: 24/02/2012