EU leaders gather in Brussels for debt-tackling summit

European leaders are in Brussels today, planning how to deal with the debt crisis.

Izvor: EuroNews

Sunday, 23.10.2011.

11:27

Default images

European leaders are in Brussels today, planning how to deal with the debt crisis. All 27 will be at the meeting discussing measures to stop the problem from engulfing Italy and Spain. EU leaders gather in Brussels for debt-tackling summit Managing the debt of Europe’s most beleaguered economy will be high on the agenda. A Greek default could have a knock-on effect throughout the eurozone. Greek Prime Minister George Papandreou thought it was right for Europe to be involved in resolving the problem: “It’s been proven now that the crisis is not a Greek crisis. The crisis is an European crisis. So now it’s time that we, as Europeans, act decisively and effectively,” he said. Recapitalizing the banks has already been agreed by finance ministers and topping up the euro bailout fund to EUR 940bn is also possibility.

EU leaders gather in Brussels for debt-tackling summit

Managing the debt of Europe’s most beleaguered economy will be high on the agenda. A Greek default could have a knock-on effect throughout the eurozone. Greek Prime Minister George Papandreou thought it was right for Europe to be involved in resolving the problem: “It’s been proven now that the crisis is not a Greek crisis. The crisis is an European crisis. So now it’s time that we, as Europeans, act decisively and effectively,” he said.

Recapitalizing the banks has already been agreed by finance ministers and topping up the euro bailout fund to EUR 940bn is also possibility.

Komentari 3

Pogledaj komentare

3 Komentari

Možda vas zanima

Podeli: