They favor reducing social projects, increasing taxes
[Translation of an article from the May 19 edition of La Jornada of Mexico City. See also "Massive protest held in Madrid," below.]
by Claudia Herrera and Armando G. Tejeda
Madrid, May 18 – Declaring themselves “global partners,” heads of states from the European Union, Latin America and the Caribbean today closed their sixth summit by stengthening commercial ties. In the Madrid Declaration, they committed themselves to “improving energy efficiency” and reducing contaminating emissions that contribute to the greenhouse effect.
The Latin American leaders conveyed to their European counterparts their concern over possible consequences of the crisis confronting Europe as a result of the threat of bankrupcy in Greece and its possible contagion to Spain and Portugal, considering that exports from Latin American countries to Europe could be affected as well. (more…)