Spain is invited to the next G20 Summit on 2 April, although not considered a member of this
| Date: February 19, 2009 | Source: Europa Press |
| Category: Economy | |
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Loading ... The Prime Minister Jose Luis Rodriguez Zapatero, has received official invitations to attend the preparatory meeting in Berlin of the European countries for the G-20 summit in London on Sunday, and to this appointment, by the German Chancellor Angela Merkel and British Prime Minister Gordon Brown. Both letters are dated Feb. 13, but were released today by Moncloa.
In the first, Merkel addresses Zapatero as "Dear Joseph" and explains that the objective of the meeting on Sunday in Berlin is "to promote a common" European countries ahead of the meeting of April 2. By inviting both the Prime Minister and Economy Minister, Pedro Solbes, the meeting to be held "between 11:00 and 15:30 hours at the Federal Chancellery."
The Berlin event will begin with a "joint work session with the finance ministers and central bank directors at 11:30" in which, according to Merkel, "should be placed in the foreground the progress made to date implementation of the agreements (the G-20 in) Washington and the next steps. "
"I deal with you our efforts in order to reform the international financial markets," said the chancellor, who also believes that "we should have an exchange of views on our actions and economic matters" and "pay attention to avoid distortions of competition in international markets. "
Following the working session and the traditional family photo, is hosting a working lunch at 13:15 pm in the Chancellor suggests examining "the sustainability of the global economy." In his opinion, "we need a robust global economic order in the long term, based on the principles of market economy and to avoid excesses that threaten the system."
For this reason, he explains, "I proposed a charter for a sustainable economy, which includes important principles and rules with a view to a global computer framework." During lunch, he added, will also discuss the Doha Round, and at the end, he concluded, will release a final conference, which, according to the letter, is also invited to Zapatero.
LONDON MEETING
Brown, meanwhile, also directed the prime minister as "dear José Luis" and invites you not only the meeting of April 2, but after receiving the Queen Elizabeth II will offer all attendees the night April 1. As for the actual summit, says, "there will be a working session in the morning, a working lunch and a short working session in the afternoon."
British Prime Minister explained that after the "strong and significant actions to combat the serious challenges for the global economy and financial markets" which were adopted at the November summit in Washington, in London "review the implementation of the principles and agreed decisions. "
In particular, it mentions "closer macroeconomic cooperation, to restore growth and protect jobs, to avoid negative side effects and support the economies of emerging markets and developing countries", "reform the financial markets" and "reform international financial institutions. "
Also believes that a "review the actions that the trade ministers have taken to the successful conclusion of the Doha Development Agenda of the World Trade Organization (WTO)." Brown also proposes that as happened in Washington, to attend the meeting in London "director of the IMF, World Bank president, the president of the Financial Stability Forum and the UN secretary general."
STORY
The story of the letter, in which Brown Zapatero promises that will be in contact to "give more details of the program in a futro next" is the mention Zapatero's wife, which the British prime minister called "Sonsales" . According to Brown, "there will be a formal program for spouses but my wife Sarah would be delighted to receive Sonsales, if traveling with you."
Brown says goodbye expressing his hope that Zapatero "to participate in this important event" and stating that "will be happy to receive you."
The G-20 are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, United Kingdom and the United States and the European Union, which is represented by the rotating Council presidency and the European Central Bank.
So, at the Berlin meeting are invited all European countries the G-20 as well as those who attended the Washington summit, namely Spain and the Netherlands. The meeting in London are invited all members and these two countries.
February 27, 2009 at 19:14
[...] In the markets there is a panic after returning the markets to a minimum of 2004 for the Ibex 35, touching touching 7,603.60 points (-7.5% weekly), or until 2002 for the Dow Jones which stood at 7365.67 points the (-6% weekly). The bad economic data and market crashes hasty press world leaders to meet in Berlin on Sunday ahead of the summit .... [...]