Nouriel Roubini is in Madrid where he gave a 90 minutes keynote speech in Madrid at HSM's that was held The 23rd and May 24th at the Palacio Municipal de Congresos in Madrid , This was the 10th edition of his well-known Expomanagement and lecture series. Nouriel Roubini speaks at his conference on The new challenge: the present and future of Europe in play The new path to growth in Europe: Keys for stability and competitively Implications for developed and developing markets Global politics, economics and finances: The panorama for the new business environment New competencies companies will need to compete in the current global market . Nouriel Roubini is One of the most renowned economists of his generation, Roubini is a Professor of Economics at NYU and is widely recognized for predicting the collapse of the U.S.
The day after the Minister of Economy and Competitiveness, Luis de Guindos, announced that the government will inject "all the capital necessary" in the nationalized Bank Bankia, famed economist Nouriel Roubini says in this interview that "it is wrong strategy for the Spanish government to put money in the banks. "In his view, this would cause "to trigger the public debt to grow further and that the state loses more credibility and solvency." Roubini believes that the most appropriate measure should come directly from the European rescue fund (ESFS). It also warns that "there may be a banking reform plan in six months" and that Spain "would have to choose a single most ambitious strategy" to stabilize the financial sector.