UPDATE 1-Euro zone crisis will not affect Brazil-official

* Crisis will not affect 2010 growth in Brazil

* It will take longer for exports to Europe to grow

(Adds quotes and background)

SAO PAULO, May 7 (BestGrowthStock) – Brazil’s Finance Minister
Guido Mantega said on Friday a crisis in the euro zone will not
affect 2010 growth in Latin America’s largest economy although
it could have an impact on exports.

“What could affect us is that the recovery of European
countries will be slower, so that world trade will react more
slowly and we will have to wait longer to increase exports to
the European Union,” Mantega said.

World markets have been in turmoil in recent weeks on fears
Greece’s debt crisis could spill over to other European
economies.

Greece’s parliament backed an austerity plan on Thursday
but selling accelerated across global markets after the
European Central Bank said it had not considered buying
government bonds to ease Greece’s debt crisis.

Local economists in a weekly central bank survey now see
Brazil’s economy expanding 6.06 percent in 2010.

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(Reporting by Jose de Castro; Writing by Ana Nicolaci da
Costa, Editing by Chizu Nomiyama)

UPDATE 1-Euro zone crisis will not affect Brazil-official