Francisco González: "This will be the first global crisis which will not push Latam into recession"

19.11.08 - 20:29 ... source : BBVA Group

... "In the wake of the G-20 Summit, we are working towards an international financial system which, if we do our homework well, will be made up of stronger and more solvent entities" "Here at BBVA we are totally committed to Latin America. It is exactly when the going gets tough, like now, that we prove we are in it for the long haul"Today in Madrid at the inaugural presentation of the X Latibex Forum, Francisco González expressed his conviction that "Latin America is better prepared to weather this crisis than in the past thanks to strengths developed in recent years which have enabled the region to head into the unfolding crisis from a position of far greater strength relative to the past". BBVA’s Chairman and CEO issued the following upbeat message regarding outlook for the region: "I am convinced this will be the first global crisis which will not push Latam into recession". ...» Next (HTML)