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Typically Spanish - Spain News : National

Spain left out of the global summit on the world economy in Washington
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By h.b. - Oct 23, 2008 - 6:41 AM
José Luis Rodríguez Zapatero and Nicolas Sarkozy last October 12 - Photo EFE
José Luis Rodríguez Zapatero and Nicolas Sarkozy last October 12 - Photo EFE
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Spanish Prime Minister, José Luis Rodríguez Zapatero, has been protesting that as the world's eighth economy Spain should be present.

Despite the protestations from the Prime Minister, José Luis Rodríguez Zapatero, and the late support of the French President, Nicolas Sarkozy, Spain has not been invited to the world summit on the economic crisis to be held in the United States next month.

The White House has announced that the G20 countries are invited, and spokesman Tony Fratto explained that there was no decision to exclude Spain, and that the countries opinions will be welcomed through other leaders who will be present or through the European Commission.

Spain is not part of the G20 which was created in 1999 in answer to the financial crisis at the end of the 90’s and included the emerging countries.
Zapatero continues to protest and insist that Spain, as the world’s eighth largest economy, should be present.

Meanwhile, The IBEX Spanish stock market lost 8.16% yesterday, the second largest haul in history, in what traders said were falls due to pessimism about the state of the economy. Poor quarterly results from large United States companies did nothing to help the fears of a global recession.

The market was also affected by the decision in Argentina to nationalise private pensions companies. Telefónica, Repsol, BBVA and Santander were the big losers.


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Readers' comments:
Miguel
23 Oct 2008, 06:58
SO--ooo Mr. ZPT.

Do you now realise what it means to have insulted the USA. Because you have been so-- big-headed and egotistic, you are now shouting from outside the gates to be allowed in. It is the Spanish people who suffer, due to your stupidity. How ignorant.
Jim
23 Oct 2008, 08:51
Yes, we all remember the lack of respect that the Prime Minister displayed to the American flag and it's people. Not only is Spain suffering because of this egotistic act, but will contuine to because the lack of maturity that Zapato displays...
JuanJo
23 Oct 2008, 13:27
I truly believe that the USA wants to be a true friend to Spain... there are many years under the bridge together. But ZP wanted to show that he was a big man on campus... and seemed to enjoy spitting into the wind and pulling on Superman's cape.... and you just don't do that.......
Mateo
23 Oct 2008, 13:43
He's better than Mariano "a pain in the ass" Rajoy
Michael
23 Oct 2008, 14:14
All I wonder is... where is he getting the info that Spain is the worlds eighth largest economy.
Maybe he's including all the black money in his calculations ;-)
Miguel
23 Oct 2008, 15:01
Whilst ZPT is at the helm, all of us will never have the chance of being represented at the top table. We all KNOW, what that means, We do not need a mediocre head of government and his cronies running Spain right now. The needs of the spanish people are too important.
PEDRO Martinez
23 Oct 2008, 15:16
I agree with all the comments. We want ZPT and his incompetant FOOLS of ministers OUT<OUT<OUT.
PSOE Hater
23 Oct 2008, 17:38
Why would Rodríguez be invited. Everyone knows that, in reality, Spain is a third world country governed by an elected dictatorship.
Juliette
23 Oct 2008, 20:46
You can blame Zapatero all you want... but the truth is this: the reason why Spain is not being invited is not Zapatero (what the hell do they care how he manages or doesn't manage Spanish internal affairs?), but the fact that the whole country decided to deliberately turn their backs on USA's imperialist endevours in Iraq, kicking the PP out of power and voting for the left-wing anti-war party. There, simple as that. Kudos to Spain, you taught many a lesson, like a good Don Quixote, Spain couldn't care less if he becomes inpopular or picked on... Spain has honor and that is what matters to them.
Miguel
24 Oct 2008, 11:59
And it is hard to have too much honour when you are hungry. It does not matter if Zapatero is Left, Right or Centre, I don't want all my friends and family to be unemployed. We need a growing economy,The Spanish people need growth to prosper. I don't give a rats ass for politics, but the poor suffering spanish people need a voice .

The WHOLE country did not turn their backs on the USA, It was just one Ass who was so rude and sat down as the US flag passed by,I may have voted for him but that was a mistake , as we are finding out now.
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