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Tuesday, June 7, 2011

Mexico's Finance Minister: "Mexico Can Absorb All U.S., European Uncertainty"

At a press conference in Mexico City, Mexican Finance Minister Ernesto Cordero stated that Mexico's economy remains "very strong" despite signs of a slowdown in the United States.

"We've strengthened our internal market to be less dependent on what happens in the United States and we're showing good results, as new employment keeps being generated," Cordero said. "We are in large part in condition to absorb all uncertainty happening in the United States and Europe."

Labor Minister Javier Lozano said that Mexico should still reach the 600,000 new jobs forecasted for 2011, or even surpass it.

Click here to learn more about the growth of the Mexican economy in 2011.

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