The Finance Secretary Jose Antonio Meade, said there is still the possibility that the global environment becomes complicated by the crisis
Posted in Politic / Economic issues
G20 finance ministers and central bankers will meet this weekend in Mexico City to discuss the euro zone debt crisis and more money for the IMF following the latest rescue deal for Greece.
The debt crisis in Europe continues to give what to talk about this year, injecting uncertainty into the financial system and limiting the economic outlook.
Posted in Foreing investment in Mexico
Mexico ’s peso rose the most in a week as speculation that European leaders will make progress in resolving the region’s debt crisis fueled demand for the Latin American country’s higher-yielding assets.
In the United States and Europe the market is stagnating due to anxiety about the crisis; in Mexico, 5% of the population buys more than half of these items that Latin America consumes.
Posted in Business
Mexico’s peso advanced for a second day as optimism that European finance ministers will make progress in solving the region’s debt crisis helped boost demand for the country’s higher-yielding assets.
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