June 30, 2012

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Financial Treasure Nevertheless, also world-wide signals of nervousness and impatience were seen during the meeting of economic leaders, like the expressed one by the Secretary of the Treasure of the USA, Timothy Geithner, that noticed the European leaders of which they must stop " the threat of a cascade bankruptcy of bancos" with energetic and forceful resolutions. In this way, the view is now putting in the approval on the part of the parliaments of the European countries in the next weeks of the European Facility of Estabilidad Financiera (FEEF), decided in July and with which it is tried to reinforce and to make flexible the capacity of answer of the zone Euro. Carstens indicated in a press conference before returning to Mexico that the FEEF is one " answer til" and it assured that it hopes that " that is reflected in a smaller volatileness of the financial markets internacionales". Also, the new managing director of the multilateral organism, Christine Lagarde, expressed her confidence in which Europe will resolutely face the financial challenges that faces. She offered, in addition, one of the few luminous phrases in the shady panorama when indicating that we are " in the middle of camino" of the exit of the crisis, during its appearance last night after the last meeting of the IMF. However, Lagarde said to the emergent economies that also they must put of his part with the putting in practice of policies destined to stimulate inner demand and to thus help to re-balance...