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View Full Version : Europe Could Take Lessons From Mexico's Tequila Crisis, G-20's Host Says - Bloomberg



NewsWhore
02-26-2012, 10:40 PM
Europe Could Take Lessons From Mexico's Tequila Crisis, G-20's Host Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNESIgxONKn7hsPNlXYjTVK74Bk6lA&url=http://www.bloomberg.com/news/2012-02-27/europe-could-take-lessons-from-mexico-s-tequila-crisis-g-20-s-host-says.html)
Bloomberg
Struggling nations like Spain and Italy are part of the 17-nation euro zone, meaning they can't boost exports the way Mexico did by devaluing the currency. A strong US economy also helped drive Mexican growth of 5.5 percent in 1996.

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