Wednesday, January 19, 2011

Merkel looking forward to a complete package of solutions to the debt crisis

 Merkel said: But Germany insists that there is no need to 440 billion

euros (about 591.7 billion U.S. dollars) in EFSF funds to increase

investment, but the Government for improving the lending capacity of the

existing fund held by the proposal but an open mind.

German Chancellor Angela Merkel (Angela Merkel) Saturday (January 15) said

that any measures to stabilize the euro should be a comprehensive package

of strategies, the market for the European Union (EU) leaders will have the

euro area debt crisis resolution mechanisms is expected to reach a decision

quickly heating up again.

However, certain senior European official said in an interview that

Portugal and Spain, with the successful sale last week, government bonds,

the German Fund for the expansion of the urgency of this problem has

diminished.

Germany called for in March of this year's summit of EU leaders to take on

a broader agreement on crisis response measures.

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