Angel Gurria

Angel Gurria News

• Mexico Battles Brazil for Clout Via WTO Top Job as Economy Grows

  Latin America’s two largest nations are vying for economic and diplomatic clout as their candidates face off as finalists to head the World Trade Organization.

• Barroso ‘Confident’ Italy Will Be Able to Exit Deficit Procedure

  European Commission President Jose Barroso said he’s “very confident” Italy will be able to leave the European Union’s excessive-deficit procedure after Enrico Letta pledged new measures to boost growth.

• EU Rebuts Austerity-Obsessed Image, Defends Growth Plans

  European officials sought to convince policy makers from the rest of the world that they’re not cutting budgets at the expense of stronger growth.

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  Liquidity Carpet Bombs Fueling Asset Bubbles, Rohde Says

  Policy makers steering the global economy have pumped the financial system with so much liquidity that any exit risks popping potential asset bubbles or stunting a recovery, Danish central bank Governor Lars Rohde said.

• Lithuania Seeks OECD Invitation to Start Accession Talks in May

  Lithuania is competing for one of the invitations to start accession talks that the Organization for Economic Cooperation and Development is expected to issue in May, President Dalia Grybauskaite said.

• Economic Demands Will Break Italian Gridlock, OECD’s Gurria Says

  Economic realities will pave the way for Italian politicians to break out of the nation’s post- election gridlock, said Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development.

• OECD’s Gurria Says Austerity Versus Growth Is a False Dilemma

  Angel Gurria, secretary general of the Organization for Economic Cooperation and Development, said policy makers in the euro area should push ahead with deficit cuts and avoid the “false dilemma” of the austerity debate.

• OECD’s Gurria Says ECB Should Accept Losses on its Greek Bonds

  Angel Gurria, secretary general of the Organization for Economic Cooperation and Development, said the European Central Bank should accept losses on its portfolio of Greek bonds to help the euro-area nation.

• China Economic Growth to Accelerate to 8.5% in 2013, OECD Says

  China’s growth is likely to accelerate this year and next as the world’s second-biggest economy weathers a fragile global recovery, according to the Organization for Economic Cooperation and Development.

• OECD’s Gurria Says Greek Debt Rescheduling a ‘Good Idea’

  OECD Secretary General Jose Angel Gurria said he thinks it would be a “good idea” for investors to extend the maturities of Greece’s debt to allow the country more time to implement fiscal restraint.

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Quote

• "It's not fiscal policy, its not monetary policy, it's structural change that has to happen."

  - Angel Gurria on Apr 20, 2013

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