According to the Global Exchange website reported, the EU leaders summit in Brussels, said EU Council President Van Rompuy (Herman Van Rompuy) Thursday (June 28, days), the leaders agree on the growth plan of 120 billion euros, the program aims tosupport the weakest economic growth of the euro-zone countries. However, not yet completed the details of the part of the growth plan.
 
However, Italian officials who participated in the European Union summit, unless the parties to allow the EU relief fund to reach a final agreement to buy the government bonds of Italy and Spain, or Italy would not support the EU Growth Pact.
 
The Italian officials said, unless the short-term solution to stabilize the euro zone member states national debt to reach an agreement, otherwise they would not support growth plans. The official also revealed that Spain held the same position.
 
The ? 120 billion plan includes the European Investment Bank (EIB) capital increase of ? 10 billion. Of EIB lending capacity which can reach 60 billion euros, will increase the investment of 180 billion euros.
 
However, according to reports in Spain and Italy to support and promote growth plans, and efforts to seek a wide range of measures including short-term measures. Italy asked the European efforts to reduce yields.




Other News:
EU summit to reach agreement on the ? 120 billion growth plan
Rod end bearing vibration and temperature check
IMF or consider changes to the relevant provisions of the Greek aid scheme
Philippine Navy Commander: I hope the President ordered warships comeback in the
The attention of the spindle machining points and necessary precautions
Iron and steel industry ＂gradient transfer＂ the rise is expected to the trend
Policy to the left steel prices right
Soros: EU summit to save the euro area the last chance