• 30 OCT 2011
By Patrick Donahue | Bloomberg
The euro area would be able to resolve the debt crisis without investment from surplus countries such as China, Luxembourg Prime Minister Jean-Claude Juncker told Germany’s ARD television in an interview.
While an investment by China in the European Financial Stability Facility “makes sense” given the magnitude of its surpluses, the decisions taken by European leaders last week to overcome the crisis could stand on their own, Juncker said.
“If China and other investors were not to invest in the end, the decisions that we’ve made are substantial enough alone to master the debt crisis,” Juncker told ARD.
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