Hollande calls for greater focus on growth

 
0 Comment(s)Print E-mail Xinhua, May 24, 2012
Adjust font size:

French President Francois Hollande on Wednesday reiterated the necessity of greater emphasis on growth to stem two years of financial turmoil in the eurozone, urging to work hard to maintain Greece in the single-currency bloc.

"How can we reach reduction of public deficit and control debts if there are not addtional activities... We can not accept a eurozone where zero growth rate is expected in 2012 and a dim rate in 2013," Hollande said.

"We have to set growth policies at the European scale because growth is a condition to meet deficit targets," he added.

In a joint press conference with Spanish Prime Minister Mariano Rajoy, the Socialist head of state said he will put euro bonds issue on the agenda of Wednesday's informal European Union (EU) summit in Brussels despite consistent German opposition.

"I'll talk on the euro bonds issue not to be in conflict with the others, the idea is to think about a financing way which allows governments to have funding with the lowest possible interest rate and to be protected from speculations," the French president noted.

Newly inaugurated Hollande wants to change the terms of the debate in Europe with further focus on growth rather on austerity policies associated with German Chancellor Angela Merkel and his predecessor Nicolas Sarkozy.

Hollande's pact of growth seems gaining support in the European bloc where several members are at the frontline of the crisis.

In this context, visiting Rajoy urged "policies that stimulate growth" and "strengthen the euro."

"Reducing budget deficits is not enough. It's important to have policies that stimulate growth... We are in favor for budget monitoring but we must have policies that lead us to growth," Rajoy said.

Furthermore, Hollande and Rajoy pointed to the need to have enough liquidity into the European financial system to consolidate the financial assets of all European banks.

They also expressed hopes to maintain debt-ridden Greece in the eurozone after reports said eurozone officials called members to prepare contingency plans in case Athens will decide to leave the bloc.

"I will do what I can do to convince the Greeks to choose to stay in the zone and also I will do everything to convince the Europeans who could doubt the necessity to keep Greece in the euro area," Hollande told reporters.

"We have to stay together and I cannot prepare a diferent scenario," he added.

After the Paris meeting, Hollande and Rajoy will fly to Brussels later to attend a summit over a dinner in a fresh attempt to inject new dynamism into the sticken European economies.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 亚洲国产精彩中文乱码av| 在线观看国产亚洲| 乱爱性全过程免费视频| 欧美精品久久天天躁| 国产午夜无码福利在线看网站 | 91精品国产免费久久国语麻豆| 日韩AV高清在线看片| 任你躁在线播放视频| 韩国大尺度床戏未删减版在线播放 | 精品亚洲456在线播放| 国产男女猛烈无遮挡免费视频 | 国产精品香蕉成人网在线观看| bt天堂新版中文在线地址| 日本精高清区一| 亚洲熟女WWW一区二区三区| 色综合蜜桃视频在线观看| 国产成人免费ā片在线观看 | 国产老女人精品免费视频| 99精品国产高清自在线看超| 日本中文字幕有码在线视频| 亚洲欧美乱综合图片区小说区| 老司机亚洲精品影院| 国产精品αv在线观看| rh男男车车的车车免费网站| 日本尤物精品视频在线看 | 色在线免费视频| 天堂√最新版中文在线| 一区二区三区免费视频观看| 日本熟妇色熟妇在线视频播放 | 已婚同事11p| 久久躁狠狠躁夜夜av| 爽爽影院在线看| 又黄又粗又爽免费观看| 99精品久久久中文字幕| 日本天堂视频在线观看| 久久精品国产亚洲av不卡| 日韩美女一级毛片| 九九久久国产精品| 曰韩高清一级毛片| 亚洲日本一区二区三区在线不卡| 精品一区二区三区免费视频|