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  • Visteon signs lease with Intermex in Chihuahua
  • ASA obtains concession for airport in Puebla
  • Guanajuato Inland Port planning in-bond facilities for air cargo
  • Automotive investment flowing in Queretaro
  • SCT announces investments in Sinaloa for US$375.7 million
  • Construction of maquiladora plants reactivated at Ciudad Juarez
  • Campus for training on aeronautics inaugurated
  • Suppliers park to be built in Tlaxcala
  • Mega-investment may be attracted to NL
  • Zacatecas receives investments for US$134 million
  • Mars reaffirms its investment in Guanajuato
  • Mexico, in Mercedes- Benz’s crosshairs
  • France fosters aerospace sector
  • Edomex ranks 3rd in automotive industry in Mexico
  • FedEx inaugurates new logistics center
  • Herdez invests US$42.4 million in sustainable plant
  • Production and exports by automotive industry grow over 5%
  • New maquiladora opened in Matamoros
  • Interest in Utah for investing in Mexico
  • Estapack S.A.P.I. de C.V.
  • Mexico will weather the European crisis

    Mexico City.- If Greece suspends payments or leaves Eurozone, there is no doubt it would mean a shock for the whole global system, causing turbulence that would affect every country, including Mexico. “But I am confident Mexico could weather this shock successfully”, Pier Carlo Padoan affirmed. In an interview, Mr. Padoan, Deputy Secretary of the Organization for Economic Cooperation and Development (OECD) and Chief Economist as well, acknowledged, “The risk of Greece leaving Eurozone is much higher than six months ago, and this would not only have negative consequences at Eurozone but it would not solve problems”. “In a broader scenario, there should be certain turbulence arriving to Mexico if there is a default by any of the countries from the Eurozone. But I am confident that Mexico will easily overcome this situation. I think that Mexican economy is strong and I believe their main sources of concern come more from the USA than from Europe”, he said.
    Source: Excelsior | Date: 06/06/2012