Global financial crisis in October 2008 rose by 11.18% within the day. Germany announced a €400 billion plan. On Monday the International Monetary Fund offered possible technical and financial aid to Hungary which has suffered during the crisis due to the flight of investors to euro, Swiss franc, and dollar denominated investments. As in the rest of the world, on Monday stock prices rose on the Hungarian exchange and pressure on the national currency, the forint eased. The forint has dropped 30% against the dollar since July. The prime minister of Spain, Jose Luis Rodriguez Zapatero, announced that Spain would provide up to €100 billion of
José Luis Rodríguez Zapatero Minister of Defence), Juan Carlos Rodríguez Ibarra (president of the regional government of Extremadura and one of the most important socialist leaders), Miguel Ángel Moratinos (his minister of foreign affairs 2004–2010), Gregorio Peces-Barba (later appointed by him High Commissioner for the Victims of Terrorism, although he has already made public his resignation), Carmen Calvo (later appointed minister of culture), etc. Ten days later, on 18 January 2004, Zapatero announced that he would only become prime minister if the Spanish Socialist Workers Party received a plurality, renouncing possible parliamentary alliances in advance if that situation did not happen after the election.