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EU finance ministers meet to debt crisis reply by Saturday
MADRID : The euro zone needs to see a quick and coordinated response to its debt crisis by the end of the Ecofin meeting
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MADRID: The euro zone needs to see a quick and coordinated response to its debt crisis by the end of the Ecofin meeting of EU finance ministers in Poland on Friday and Saturday, Economy Minister Elena Salgado said on Thursday.
Spain has not urged the BRICS group of emerging economies to acquire Spanish bonds, but the acquisition of Spanish debt would be a good deal for those countries, Salgado told reporters after a press conference in Madrid.
Brazil has proposed supporting crisis-hit euro zone countries to fellow BRICS countries, but their capacity to react was called into question on Wednesday.
Copyright Reuters, 2011
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