Tuesday, January 18, 2011

Finnish Foreign Minister that the debt crisis will deepen the process of EU integration

 HELSINKI, January 14 Reuters Foreign Minister Alexander Stubb of Finland 14, said that the debt crisis will deepen the EU's European integration process.

According to Finland The crisis is not derived from the euro itself, but by the individual euro-zone countries inadvertently triggered the credit crisis.

He believes that the current debt crisis in Europe will further deepen the European integration process. Past 6 months, the European Union in the progress of economic integration for over 6 years to get results. He also pointed out that the EU is emerging more and more obvious

Stubb also said the change in the leadership role in the formation of the EU's euro-zone countries new core. The core

also reported that, in view of the recent debt crisis in Europe once again because of tension caused by the Portuguese market concerns, European Commission President Jose Manuel Barroso urged EU leaders on 12 as soon as possible to expand the size of the European Financial Stability Fund, agreed.

European Central Bank Governing Council member, the Finnish central bank governor   Ning Finland 14 television reporter in an interview that the European Commission hopes to expand the scale of the European Financial Stability Fund, the flexibility of the Fund shortage. Currently, only half of the European Financial Stability Fund, the debt crisis for the countries caught in the support needs to be improved flexibility.

addition, Liikanen also said that there are serious financial problems in the euro zone countries should take more measures to avoid the crisis as soon as possible, this is to restore confidence in these countries the best means.

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