Peru's President Ollanta Humala Tasso received European delegations in Lima on 24 January including Spain's Prime Minister, presenting his increasingly prosperous country as a stable setting for more investments, El Peruano reported. The newspaper noted that Spain is the premier foreign investor in Peru with investments worth some USD five billion, but was also a market in 2011 that received over USD two billion's worth of Peruvian exports. Spain was currently in recession with just under six million Spaniards unemployed. At a press conference Prime Minister Mariano Rajoy urged Peruvian businessmen to "explore" Spain for business opportunities, Europa Press reported. El Peruano cited a study by the Andean Parliament indicating that currently 40 per cent of Peruvians living in Madrid wished to return home and 36 per cent were unemployed, without specifying how many they were. The study estimated 130,000 Peruvians lived in Spain. The European Commission's Vice-President for Industry and Enterprise Antonio Tajani was also in Lima that day, heading a delegation of representatives of some 40 EU firms visiting Peru and Chile on 22-26 January. The trip was to help EU firms expand their activities into emerging markets like Peru. After a meeting at the foreign ministry, Tajani said the EU considered Peru as "one of the most important" of countries for its lack of protectionism and the legal security of investments.
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