Latin America Will Show EU How to Cope with Crisis - Brazilian President

Politics » BULGARIA IN EU | October 4, 2011, Tuesday // 11:00
Bulgaria: Latin America Will Show EU How to Cope with Crisis - Brazilian President Brazilian President Dilma Rousseff. Photo: BGNES

Europe should learn from Latin America if it wants to cope with the ongoing economic crisis, Brazilian President Dilma Rousseff has stated during her first official visit to the bloc.

"Our experience shows that the overly austere fiscal measures are only worsening the stagnation, the lack of opportunities and the unemployment," Rousseff pointed out during a press conference in Brussels, as cited by international media.

Investments should be chosen as the main tool in fighting the Eurozone crisis, the Brazilian President stated.

Later on Tuesday, Rousseff will pay a visit to Bulgaria, the country in which her father was born.

Rousseff's official two-day visit kicks off on Wednesday. The Brazilian President was invited by her Bulgarian counterpart Georgi Parvanov already in November 2010.

Rousseff is the first Brazilian President to visit Bulgaria ever since the diplomatic relations between the two countries were reestablished 50 years ago. Her delegation includes key Brazilian business representatives.

In Sofia, Rousseff has on her agenda official meetings with Parvanov, as well with Prime Minister, Boyko Borisov, who secured her visit around New Years while in Brazil for her inauguration.

On September 2, Bulgaria's Foreign Minister Nikolay Mladenov met his Brazilian counterpart Antonio Patriota and confirmed Rousseff will visit Bulgaria soon, but no official date was set then.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Bulgaria in EU » Be a reporter: Write and send your article
Tags: Latin America, Dilma Rousseff, crisis, Eurozone, Brazilian, Brazil, Bulgaria, EU

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria