Do More With Reuters
Partner Services

Spain's Zapatero, banks analyse G-20 proposals

Mon Nov 10, 2008 10:55pm IST
 
Email | Print | | Single Page
[-] Text [+]

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)

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India.  Full Coverage 

GLOBAL RECOVERY

A labourer works on a flyover bridge at a construction site in New Delhi October 14, 2009. REUTERS/Parth Sanyal/Files
Global economy in holding pattern - IMF

The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months.  Full Article 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

BLOGS

Photo
Calculated Move

Reliance aims big with $12 bln bid for LyondellBasell.  Blog 

showcase

U.S. Recession
U.S. Recession

A trip through the epicenters of the American recession.  Full Coverage 

 
Central Banks Cautious
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.   Full Coverage 

 
T P Raman
Column - RBI leads the world

Reserve Bank of India's approach ring-fenced the banking system.   Full Article 

 
Funding Blues
Funding Blues

A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned.  Full Article 

 
Not Enough Jobs
Not Enough Jobs

Venture capital creates jobs, but not enough.  Full Article 

 
Column - A Sweet Dream
Column - A Sweet Dream

There are good reasons for Ferrero to consider a combination with Cadbury.  Full Article