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IMF, European Union line up to heap praise on Spain · ELPAÍS.com in English
Spain earned plaudits from economic leaders of the European Union and the International Monetary Fund (IMF) during an Ecofin summit held this weekend in Gödölló, Hungary. Support for Spanish policies came from the head of the European Central Bank, Jean-Claude Trichet; Germany's Finance Minister Wolfgang Schäuble and the IMF's number two, John Lipsky, who joined the meeting.

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Spanish Economy Minister Elena Salgado said that IMF representative John Lipsky "began his address by saying that in the last six months, the most important and most positive news has come out of Spain."

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The German finance minister said that both he and the markets believe "Spain is in good shape."



Economics is politics by other means
by Migeru (migeru at eurotrib dot com) on Mon Apr 11th, 2011 at 10:20:44 AM EST

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