男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Global Biz

Spain insists it is not next in line for bailout

(Agencies)
Updated: 2011-04-07 17:06
Large Medium Small

MADRID- Spain's finance minister defended the nation's hurting economy on Tuesday, insisting that the country would not end up joining its neighbor Portugal in requesting a bailout.

Related readings:
Spain insists it is not next in line for bailoutPortugal's opposition party supports external aid 
Spain insists it is not next in line for bailoutPortugal PM says his country will ask for bailout 
Spain insists it is not next in line for bailoutHong Kong signs tax treaty with Spain

Finance Minister Elena Salgado told the Cadena Ser radio station that outside help for the eurozone's fourth largest economy "is absolutely ruled out" because the Spanish economy "is more diversified, more powerful with sound basics, and is much more competitive" than Portugal's.

Indications as to whether investors think the same will emerge later Thursday when the country auctions as much as euro4.5 billion ($6.4 billion) of bonds. So far though, Portugal's bailout request Wednesday appears to have little immediate effect on Spain's borrowing costs. In early trading, the yield on Spain's 1-year bonds was unchanged at 5.22 percent.

"The coming weeks and months will be key in determining whether the market views Spain to be in the clear," said Jane Foley, an analyst at Rabobank International. "The first test will be today's 3 year Spanish bond auction."

Few analysts think Spain is in line to become the fourth member of the eurozone's bailout club anytime soon following a raft of austerity measures, which have included tax increases, public sector wage cuts and the raising of the retirement age from 65 to 67.

Dan Seiver, a finance professor at San Diego State University, said there is now a much lower risk that speculators will target other nations in the eurozone, because the weakest nations in the zone have received bailouts and Portugal is headed in that direction.

Nevertheless, Spain faces extremely difficult times in the years ahead. Unemployment stands at 20 percent with grim growth prospects, and thousands of young Spaniards expected to demonstrate Thursday night against the austerity measures and grim job prospects.

Spain's central bank says the economy will grow this year by just 0.8 percent after two years of recession, though Salgado says the government of Prime Minister Jose Luis Rodriguez Zapatero believes it could be 1.3 percent.

The government on Wednesday lowered growth estimates for 2012 from 2.5 percent to 2.3 percent, and from 2.7 percent to 2.4 percent for 2013.

分享按鈕
主站蜘蛛池模板: 来安县| 宜城市| 施甸县| 于田县| 定陶县| 兴山县| 河曲县| 玉田县| 遂昌县| 南皮县| 泰兴市| 湘潭市| 内丘县| 恩施市| 郓城县| 晋宁县| 应用必备| 江都市| 乐亭县| 万安县| 岳池县| 明水县| 木里| 黎川县| 尚义县| 宣化县| 鸡西市| 夏邑县| 金阳县| 宜兰市| 柘城县| 汕头市| 扎兰屯市| 丘北县| 库尔勒市| 南岸区| 柯坪县| 平江县| 安宁市| 资中县| 阿尔山市| 赤壁市| 马边| 安吉县| 韶关市| 囊谦县| 上思县| 普定县| 科技| 浙江省| 白沙| 长顺县| 柳州市| 田林县| 柳河县| 永清县| 兖州市| 扬州市| 内丘县| 蚌埠市| 台中县| 南城县| 城固县| 同仁县| 乌鲁木齐市| 铁岭市| 泸水县| 曲阜市| 繁峙县| 安顺市| 乌苏市| 海阳市| 彩票| 电白县| 南康市| 德庆县| 瓮安县| 沈阳市| 闵行区| 卢龙县| 尼木县| 织金县|