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Wednesday, 22 December 2010

Prime Minister Zapatero says Spain will take five years to correct imbalances

During his appearance in the Congress to report about the last EU summit, the Prime Minister, José Zapatero, has said that Spain will need five years to correct structural imbalances in the economy.

In his view, the task of correcting these imbalances will not be just for the government but it will be a joint effort which requires adopting a perspective that allows to join efforts and reach agreements. The future must see a series of reforms, efforts, productivity and covenants. He said "it should be a time of vision, scope, responsibility and ability to drive and commitment even though it is unpopular. And of course we are willing to do that".

Read more: Zapatero dice que España tardará cinco años en corregir los desequilibrios.

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