Barack Obama phoned Jose Luis Rodriguez Zapatero (Mr Bean) to know what would he cut

13 May

The president of the United States, Barack Obama, is also worried for the crisis in Spain that could trigger the European Domino. Barack Obama, Spoke yesterday with the Spanish president, José Luis Rodríguez Zapatero, also known as Mr Bean, to answer about the economics measures to take in Spain. One of the reasons of the conversation between Barack Obama and José Luis Rodríguez Zapatero could be the heavy loses suffered by Wall street caused by the weakness in the Eurozone.

According the spokesman of the White House, Robert Gibbs, the conversation was produced because Spain “suffers some problems where is necessary to take measures on them to be sure that will not extent to other countries”. However, José Luis Rodríguez Zapatero reiterates that Spanish Economy isn’t Greek economy.

Markets have put Spain and José Luís Rodríguez Zapatero (Mr Bean) in the eye of the hurricane.

Although Gibbs didn’t want to give details about the conversation, recognized that they spoke about the necessary measures to solve the problem with the public deficit, that reached 11.2%. Angela Merkel, also showed concern about the evolution of the economy during the last meeting of the Ecofin.

The Chinese first minister also phoned José Luis Rodríguez Zapatero worried for the crisis in Europe.

The buzz of Barack Obama to José Luis Rodríguez Zapatero is a sign of concern about the situation in Spain, because all the experts warned that is very more difficult to rescue one of the big countries of the euro, than a country like Greece. In the Eurozone, the idea of lending money to members who didn’t their homeworks, is spreading fears.

Today José Luis Rodríguez Zapatero, detailed how to reduce the deficit to 6% in 2011: a reduction by 5% to the salaries of civil servants, suppression to the 2500€ of the “cheque bebé”, given to newborns, and suppression of the aids to dependent people, these measures have been defined as the biggest trim in welfare in all the history of Spanish democracy.

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  4. Obama is cutting expenses, the budget of 2011 will be up to $3870Bn
  5. The domino of the Greek debt is jeopardizing all Europe
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