Europe Should Learn From Mexico Tequila Crisis, G-20 Host Says

European nations, struggling to end their sovereign debt crisis, should look for guidance from Group of 20 president Mexico’s swift action to resolve its own financial troubles in the 1990s, officials here said.

“While Europe took years to make decisions, we made decisions with the U.S. and the International Monetary Fund in two months,” Luis Tellez, chief executive officer of Bolsa Mexicana de Valores SAB, the nation’s stock exchange, said in an interview on the sidelines of meetings with Group of 20 finance officials today in Mexico City.