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Spain's Zapatero, banks analyse G-20 proposals

Mon Nov 10, 2008 10:55pm IST
 
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MADRID, Nov 10 (Reuters) - Spanish Prime Minister Jose Rodriguez Zapatero met on Monday with the country's leading bankers to discuss proposals for the G-20 summit in Washington, the prime minister's office said in a statement.

The meeting was attended by Santander (SAN.MC: Quote, Profile, Research) chairman Emilio Botin and BBVA (BBVA.MC: Quote, Profile, Research) chairman Francisco Gonzalez, as well as Spanish savings bank La Caixa chairman Isidoro Faine and Caja Madrid chairman Miguel Blesa.

Economy Minister Pedro Solbes also attended, the prime minister's office said.

A group of 20 leaders will gather in Washington for a summit hosted by U.S. President George W. Bush to confront a credit crisis that has put the global economy at risk.

Zapatero outlined to the bankers Spain's response to the global financial crisis and the proposals he plans to table at the Washington summit.

The main points raised by the bankers focused on the need for tighter control and supervision within the global financial system, the Prime Minister's office said.

(Reporting by Judy MacInnes; editing by)

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