FILE - In this July 21, 2012 file picture, German finance minister Wolfgang Schaeuble speaks about the European Financial Crisis during a a regional party convention of the Christion Democrats in Karlsruhe, southern Germany. The Germany's finance minister said in an interview published Sunday July 29, 2012 that he can't see room for further concessions to Greece, insisting anew that the country must implement far-reaching reforms and cut its budget deficit. (AP Photo/dapd/Michael Latz)
FILE - In this July 21, 2012 file picture, German finance minister Wolfgang Schaeuble speaks about the European Financial Crisis during a a regional party convention of the Christion Democrats in Karlsruhe, southern Germany. The Germany's finance minister said in an interview published Sunday July 29, 2012 that he can't see room for further concessions to Greece, insisting anew that the country must implement far-reaching reforms and cut its budget deficit. (AP Photo/dapd/Michael Latz)
FILE - In this July 4, 2012 file picture German Chancellor Angela Merkel, left, talks with Italian Premier Mario Monti during a bilateral meeting at Villa Madama in Rome. The German and Italian leaders have pledged to do everything to protect the eurozone, their governments said Sunday July 29, 2012 - further underlining European politicians' determination to get a grip on the continent's debt crisis, but again offering no details of any action. Chancellor Angela Merkel and Premier Mario Monti spoke by phone Saturday and "agreed that Germany and Italy will do everything to protect the eurozone," German government spokesman Georg Streiter said in a statement. Monti's office said they agreed to "take all necessary measures to protect the eurozone." (AP Photo/Riccardo De Luca, File)
BERLIN (AP) ? Eurogroup chief Jean-Claude Juncker is saying in a German newspaper interview that Europe is "at a decisive point" in its battle against the debt crisis and will decide in the coming days what measures to take.
Juncker's comments to the daily Sueddeutsche Zeitung, released Sunday, follow assurances from the head of the European Central Bank and political leaders that they'll do everything to save the euro.
Those comments have raised expectations that the ECB or the eurozone's rescue fund might step in to buy Spanish and perhaps Italian government bonds to lower the countries' borrowing costs.
Juncker was quoted as saying: "It still has to be decided what exactly we will do when. That depends on the developments of the coming days and how fast we have to react."
Associated Pressjohn l smith apple earnings the glass castle jennifer hudson trial north korea threat brandon jacobs brandon jacobs
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.