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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.

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martes, 19 de junio de 2012

EC hopeful Greek government formed quickly

SYDNEY (MarketWatch)
The European Commission released a statement late Sunday amid strong signals that Greece's election will result in a pro-austerity, pro-euro government
"The Greek people have spoken
We fully respect their democratic choice
We are hopeful that the election results will allow a government to be formed quickly," said Presidents Jose Manuel Barroso and Herman Van Rompuy
"We will continue to stand by Greece as a member of the EU family and of the euro area," the statement said
"The second economic adjustment program agreed between Greece and the Eurogroup is the basis upon which to build [and] foster growth, prosperity and jobs for the Greek people
We stand ready to continue assisting Greece in achieving these goal."

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