Friday, May 22, 2015

(. Ampl) France believes that Spain should “more responsibilities … – Yahoo Finance Spain

says that De Guindos has a “quite exceptional qualities” and has the recognition from its partners

MADRID, 22 (EUROPA PRESS)

The French Minister of Finance and Public Accounts, Michel Sapin, said that Spain “more responsibility” in the European institutions that currently deserves and has argued that the Spanish Minister of Economy and Competitiveness, Luis de Guindos, has a “quite exceptional qualities.”

In a joint press conference between the two ministers, Sapin has refused to give their full support to Luis de Guindos as future president of the Eurogroup, since it prefers the election process substitute Jeroen Dijsselbloem is done in the usual way, “seeking consensus” that allows institutions operating in good condition.

However, he acknowledged that Spain has been “particularly wound” after losing his seat on the executive committee of the European Central Bank (ECB) with the departure of Jose Manuel Gonzalez Paramo, which has generated a “malaise” justified.

In this regard, he highlighted the efforts for Spain, which has gone “through a difficult economic period,” but whose economy is rebuilding in good condition. In addition, he has he remembered is the fourth power of the eurozone and the fifth of the EU, so it deserves to play “important responsibilities within the European institutions”.

In addition, the French minister has praised De Guindos, who has stated he has “absolutely exceptional qualities” and all of his colleagues Eurogroup “I appreciate very much.”

For his part, De Guindos has appreciated the “positive words” and ” Kindness “Finance Minister of the second eurozone economy, which he described as” a friend, “Sapin expression has also been used to refer to the Spanish minister.

Also, De Guindos said that Spain has made a “major trip” in economic terms, as if three years ago was the “main concern of Europe”, he has now ceased to be and is growing about 3.5% in the first half of 2015. “Spain and France will pull the growth of Europe and that has to stop recognizing “he added.

In this regard, he stressed that the fact that a country like France recognizes this situation,” filled with additional responsibility ” Spain ahead of the issues that has to be carried out in the near future.

On the other hand, the Spanish minister noted that since Sapin came to Madrid six months ago, things have “improved” in Europe and there is a more positive perception in international fora on the euro zone, the growth gap with the United States has begun to close.

Also, both ministers have said they share positions on issues such as the need to advance tax on financial transactions or improving banking union with the creation of a single capital market, among other things

in a common European fiscal policy.

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