www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

EU Commission urges Europe to act on Greece

Updated: 2011-10-13 13:17

(Agencies)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

BRUSSELS - Europe needs to take decisive action on Greece, the head of the EU's executive said on Wednesday, outlining a broad plan to contain the crisis threatening the euro as officials said banks faced heavier losses on their holdings of Greek debt.

The warning, delivered by Jose Manuel Barroso, President of the European Commission, is intended to galvanise France and Germany, the bloc's main powers, into action when they meet on Oct. 23 under international pressure to limit the damage the debt crisis risks inflicting on the world economy.

"Doubts and uncertainties over Greece's future jeopardise stability in the entire euro area and beyond," said Barroso. "The time has come to remove these doubts."

The head of the EU's executive outlined a five-point proposal to tackle the economic crisis, spanning higher capital hurdles for banks and extra powers for the Commission to intervene in national budget setting.

Although he has no power to introduce such measures himself, his view is influential and keeps pressure on German Chancellor Angela Merkel and French President Nicolas Sarkozy who have promised a deal to stabilise the euro zone this month.

A key part of that plan will be to strengthen banks against losses on Greek loans. Officials said on Wednesday that countries will ask banks to accept losses of up to 50 percent -- far more than the 21 percent proposed in July.

But Europe's banks need protection, in the form of extra capital, from the fallout of such a move.

Central to Barroso's proposal, which needs the backing of EU member states, is the early introduction of the European Stability Mechanism (ESM) to replace the temporary EFSF bailout scheme by mid-2012 -- an idea originally put forward by Germany.

The 500 billion euro ($690 billion) permanent fund would have a solid base of paid-in capital and power to intervene on markets to help struggling states.

It would also introduce the first European framework for coping with countries that default on their debt, a step some investors worry could herald even steeper losses.

"Despite assurances... to support countries under programmes and... that private sector involvement would be strictly limited to Greece, contagion has not been contained," Barroso said.

"To put a stop to the threat... we must strengthen firewalls. We must have credible stronger instruments," said the head of the EU executive. "We must accelerate the introduction of the ESM."

Barroso also pushed for bolstering the strength of the current European Financial Stability Facility (EFSF), a vehicle borrowing money with the backing of euro zone guarantees and lending it on to struggling countries such as Ireland.

"The EFSF must be more than a firewall, it must have real firepower. We must maximise its capacity."

?

主站蜘蛛池模板: 欧美三级三级三级爽爽爽 | 日韩精品另类天天更新影院 | 久久久久久久国产高清 | 久久久久久一品道精品免费看 | 一区二区三区视频在线观看 | 你懂的国产精品 | 性xxx69xxx视频在线观看 | 国产女厕所 | 暖暖视频日韩欧美在线观看 | 中文亚洲欧美 | 国产99视频精品免费观看7 | 久久亚洲不卡一区二区 | 国内交换一区二区三区 | 97国产在线播放 | 成人ab片| 欧美在线小视频 | 国产一有一级毛片视频 | 欧美做爰xxxⅹ性欧 欧美做爰免费大片在线观看 | 美女视频一区二区三区 | 日韩一区二区精品久久高清 | 国产午夜精品不卡观看 | www.99在线| 免费一看一级毛片全播放 | 成人a一级毛片免费看 | 亚洲 欧美 国产 中文 | 国产高清厕所盗摄视频 | 国产成人精品午夜二三区 | 香港a毛片免费全部播放 | 黄色网址网站在线观看 | 色偷偷成人 | 一本久久a久久精品亚洲 | 一区在线观看 | 欧美国产三级 | 日韩欧美精品在线观看 | 亚洲 欧美 日韩 丝袜 另类 | 亚洲国产欧美另类 | 久久国产精品一国产精品 | 91香蕉国产 | aaa毛片手机在线现看 | 亚洲日韩精品欧美一区二区 | 在线观看一区二区三区四区 |