News
11/03/2011
An EAJ-BNP delegation took part in the 12th Biarritz Forum
An EAJ-BNP delegation travelled to the city of San Domingo (Dominican Republic) to take part in the 12th Biarritz Forum on 12, 13 and 14 October, held under the slogan of "The new Vision of Latin America for the 21st Century - European and Latin American Perspectives".
The forum, whose delegates included politicians, entrepreneurs, economists and intellectuals, emphasised that Latin America is undergoing a transformation process and that, unlike Europe, it is enjoying significant growth in GDP, strong currency reserves and lack of problems when it comes to paying the sovereign debt.
However, it should be stressed that the economic growth, which greatly depends on the prices that emerging countries pay for the raw materials, must be used to offset the region's structural deficits, by redirecting growth towards the productive and knowledge economy and to fight against inequality.
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