Mexico would stand strong before an economic blow from Europe: Meade
Paris.- The Mexican Minister of the Treasury, Jose Antonio Meade, pointed-out today that Mexico is prepared in case of a possible economic blow from Europe, due to the “certainty” offered by a sound financial position, balanced growth and controlled inflation.
“We have a country which exports grow and diversify, where consumption and investment progress and where inflation is under control”, Meade said in Paris during the second day of the Organization for Economic Cooperation and Development Forum.
Asked about what Mexico has done in prevision to an eventual shake up by the crisis in Eurozone, he answered, “giving the greatest possible certainty”.
In a debate focused on Eurozone’s urgent situation, Minister Meade considered that “there are reasons to have hope” because in the last few months there has been progress, both in policies and actions by the European Central Bank, which has intervened in the market.
Source: Miscellaneous | Date: 25/05/2012