US President Barack Obama on Monday pledged US support for Spanish Prime Minister Mariano Rajoy's efforts to get Spain's economy back on track while acknowledging that the country faced "difficult challenges" amid the euro zone's debt crisis.
The White House said the two men spoke by telephone as part of Obama's ongoing discussions with European leaders on the euro zone economy. Obama has voiced concern that economic "headwinds" from Europe could undermine the fragile US economic recovery as he seeks re-election in November.
Rajoy inched closer on Friday to asking for a European Union bailout for his country, but said he needed first to know what conditions would be attached and what form the rescue would take.
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Posted by: Redneck Jim ||
08/07/2012 4:08 Comments ||
Top||
#2
WTF????
Spain is nothing more than a province of the EU. The EU is BIGGER than the US. Why is this loser trying to get us involved in the provincial affairs of Europe????????
There is no reason that any "country" of the EU should get a dime of our money.
#3
Considering they are both reading from the same playbook the only thing they can help each other with is a faster downward spiral of economic death.
#5
Spanish Prime Minister Mariano Rajoy's efforts to get Spain's economy back on track...
While doing nothing to reverse the ruinous decisions that got it off track.
1/ Mark banks to assets and Default bank-bondholders.
2/ Lower (to zero) taxes on working and investing.
3/ tax land, copyright and patent rights.
4/ leave the Euro and the EU!
BUCHAREST: Romanian Interior Minister Ioan Rus resigned yesterday, citing unacceptable pressures amid controversy over his ministrys organization of an impeachment referendum against president Traian Basescu.
I have submitted my resignation for my own honor, said Rus, a member of Prime Minister Victor Pontas center-left coalition, the Social Liberal Union (USL).
Condemning criticism and pressure from political figures, including both suspended center-right president Basescu and interim president Crin Antonescu, Rus also announced the resignation of Victor Dobre, the junior interior minister tasked with organizing the vote.
We have been subjected to multiple forms of pressure, discussions, and criticism, coming from Romanian political figures from Traian Basescu to Crin Antonescu, he said. From my point of view and from (Dobres) point of view, these things are unacceptable. We think we organized this referendum sufficiently well.
Romanian politics have been thrown into turmoil by the July 29 impeachment referendum, which has been sharply criticized by the European Union and the United States. Antonescu, who took over as interim president after Basescu was suspended last month, is a leading figure in the USL, which contested the accuracy of electoral registers after the referendum failed to meet the 50-percent turnout threshold required to oust arch-rival Basescu.
Romanias Constitutional Court last week delayed giving a ruling on the validity of the referendum.
Continued on Page 47
Posted by: Steve White ||
08/07/2012 00:00 ||
Comments ||
Link ||
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A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
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Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
