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
Policy Network including; Chilean President, Michelle Bachelet in 2009; UK Prime Minister, Gordon Brown in 2010; Norwegian Prime Minister, Jens Stoltenberg in 2011, and Irish Tánaiste Eamon Gilmore in 2012. Participants have included Brazilian presidents Fernando Henrique Cardoso and Luiz Inácio Lula da Silva; U.S. Vice President Joe Biden; Director-General of the World Trade Organization Pascal Lamy; and Spanish Prime Minister José Luis Rodriguez Zapatero. The 2013 Progressive Governance conference was hosted by the Prime Minister of Denmark Helle Thorning-Schmidt in Copenhagen in April 2013. President Peter Mandelson, Baron Mandelson: Former UK first secretary of state, business secretary and EU Trade commissioner