IMF warns Spain is high risk

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    • #56271
      logan
      Participant

      The IMF have issued a warning today to investors that Spain is regarded as a ‘considerable risk’ economy and not out of danger. I think this forum community already knows that.

      http://economicsnewspaper.com/policy/spain/imf-warns-spain-that-still-not-out-of-danger-12774.html
      http://www.bloomberg.com/news/2011-06-21/imf-sees-considerable-risks-to-spain-economy-urges-additional-overhauls.html

      An amusing statement from Salgado: 😆
      Finance Minister Elena Salgado said the IMF report is “extraordinarily positive.” The fund said that authorities “undertook a series of measures targeting the main economic problems facing the country.”
      “I don’t see here that they are telling us that we have to make changes,” Salgado said in a telephone interview yesterday in Madrid. “The core of the labor reforms is in place already.”

    • #105195
      Anonymous
      Participant

      The labour laws are rotten to the core. I dont know what she is talking about !!!. Can some enlighten me.

    • #105196
      logan
      Participant

      Quite Shakeel, hence my cynical laughter at her comments.
      The government seem to think they are doing all they can, that’s why youth unemployment is 44% and general unemployment 24%. 👿
      For a start they could rid Spain of the ‘indefinida’ contracts which gives lazy useless employees jobs for life.

    • #105215
      Chopera
      Participant

      @logan wrote:

      The IMF have issued a warning today to investors that Spain is regarded as a ‘considerable risk’ economy and not out of danger. I think this forum community already knows that.

      http://economicsnewspaper.com/policy/spain/imf-warns-spain-that-still-not-out-of-danger-12774.html
      http://www.bloomberg.com/news/2011-06-21/imf-sees-considerable-risks-to-spain-economy-urges-additional-overhauls.html

      An amusing statement from Salgado: 😆
      Finance Minister Elena Salgado said the IMF report is “extraordinarily positive.” The fund said that authorities “undertook a series of measures targeting the main economic problems facing the country.”
      “I don’t see here that they are telling us that we have to make changes,” Salgado said in a telephone interview yesterday in Madrid. “The core of the labor reforms is in place already.”

      Elena Salgado pictured making her statement:

    • #105216
      logan
      Participant

      😆 😆 😆

    • #105218
      angie
      Blocked

      She looks so much nicer in that hat as she shows on two hands just how many Euros are left in Spanish coffers:lol:

    • #105279
      peterhun
      Participant

      You can laugh at Ali, but he was right. His last worlds were “We have got them right where we want them”

      Ten times as many dead after they got to Baghdad.

    • #105281
      Anonymous
      Participant

      I will count my fingers after shaking hands with Elena !!!!!!!!

    • #105286
      Fuengi (Andrew)
      Participant

      @shakeel wrote:

      I will cunt my fingers after shaking hands with Elena !!!!!!!!

      you might want to correct your spelling…..

    • #105287
      Anonymous
      Participant

      oppppppppppppppppppppps. apology if I offended any one.

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