Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen’s correspondent: An Israeli raid targeted the outskirts of the town of al-Qatrani, Jezzine District
Al Mayadeen’s correspondent: Israeli warplanes launch a raid targeting the vicinity of the Burguz area
Al Mayadeen’s correspondent in southern Lebanon: An Israeli airstrike targeted the outskirts of Jbaa in the Iqlim al-Tuffah region
Al Mayadeen’s correspondent in southern Lebanon: An Israeli airstrike targeted the outskirts of the town of Ansar
Al Mayadeen's correspondent in southern Lebanon: Israeli warplanes launched a series of airstrikes on the al-Mahmoudiyah area
New York Times: Trump plans to meet with Putin as soon as next week
Al Mayadeen's correspondent: Israeli drones repeatedly strike the area targeted by Israeli warplanes in the town of Deir Saryan, preventing ambulance crews from advancing to the scene
Al Mayadeen's correspondent: Israeli warplanes launch a series of raids targeting the outskirts of the town of Deir Saryan
Reuters: 5 soldiers injured by gunfire in shooting at Fort Stewart US military base in Georgia
Trump order imposes additional 25% tariff on goods from India

Spanish Economy Minister: Europe cannot ignore China

  • By Al Mayadeen English
  • Source: Agencies
  • 12 Apr 2023 14:06
2 Min Read

According to Spain's Economy Minister, China is a significant geopolitical player that could provide debt relief and help end the war in Ukraine.

  • x
  • Spanish Minister : Europe cannot ignore China's key role
    Spanish Minister of Economy Nadia Calvino at a Eurozone finance ministers meeting in Brussels, Belgium March 14, 2022. (Reuters)

According to Spanish Economy Minister Nadia Calvino, Europe cannot disregard China's significant geopolitical role. Clavino said on Tuesday that China may help end the war in Ukraine, and provide debt relief for low-income nations.

Speaking to an Atlantic Council event in Washington, DC, the minister expressed that Europe cannot turn its back on China, adding, "We have a shared interest, I think, in ensuring that they engage constructively to put an end to the war in Ukraine as soon as possible and to avoid global market fragmentation, which is going to be lose-lose for everyone."

Calvino, who leads the IMFC committee advising the IMF board, made the remarks on the sidelines of the IMF spring conference after French President Emmanuel Macron suggested Europe should take its time building its position as a third pole between China and the US.

She also asked for China's larger engagement in the process, as finance ministers from across the world consider methods to accelerate debt relief for poor nations during this week's World Bank and IMF meetings in Washington.

Related News

Spain puts on hold plans to acquire US F-35 Lightning II warplanes

Spain calls for permanent aid access to Gaza amid famine warnings

Calvino called China, whose top leaders are expected to attend the Washington conference for the first time in three years, a "very important creditor" and elaborated on how their role is important in these discussions.

A record number of developing countries are facing financial crises with rising inflation, rising borrowing prices, and a strong currency raising their debt-service expenses.

Sri Lanka, Zambia, and Ghana have already defaulted on their foreign debt and are in discussions with creditors, notably Chinese lenders such as the China Export-Import Bank.

Read more: China, Brazil announce de-dollarization of mutual trade

Calvino stated that she intended to provide these nations with positive news about debt reduction later this year.

  • Spain
  • Washington
  • war in Ukraine
  • China
  • Ukraine

Most Read

UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Shiekh Naim Qassem giving a speech commemorating the anniversay of martyr Mohammed Saeed Izadi, August 5, 2025, in Lebanon

Sheikh Qassem threatens 'Israel', warns against foreign intervention

  • Politics
  • 5 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025
Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)

Exclusive: Resistance key to building state, Georges Abdallah says

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Tech joins the fight: Silicon Valley powers US war drive
Technology

Tech joins the fight: Silicon Valley powers US war drive

Slovenia to ban imports of Israeli settlement goods
Politics

Slovenia to ban import of goods produced in Israeli settlements

IOF pillaged schools in Lebanon, HRW exposes war crimes
Politics

Israeli troops looted, vandalized schools in South Lebanon: HRW

Zelensky’s trust drops after anti-corruption reforms spark uproar
Politics

Trust in Zelensky drops after anti-corruption reforms spark uproar

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS