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Japan hopes to boost Europe's rescue mechanism
Japanese officials said on Monday that Europe can guide
Positive signal to investors and international partners that they had determined to resolve the debt crisis
Through the strengthening of its mechanism and its ability to save funds.
Japan has repeatedly expressed its willingness to help Europe contain the debt crisis, but
Also emphasized its desire to see a convincing plan of action before it undertakes any obligation.
Said a senior government official, "such as Japan, other countries outside the euro zone is ready to work
Thing, but unless European countries will be difficult to hold that such steps
Effective. "
And raise the size of the rescue fund and the current mechanism for European stability exceeds 500 billion
The euro would be a major step and an encouraging sign.
The official told Reuters: "We expect that the drop in European countries, the ceiling of 500 Fund
Billion euros, is very positive. "
Europe's leaders agreed in Brussels earlier this month on the date of early release mechanism
Stability of the European year to mid 2012 actual lending capacity of 500 billion euros
(650 billion dollars), but questions were raised about the size of contributions and their timing.
Japanese officials said on Monday that Europe can guide
Positive signal to investors and international partners that they had determined to resolve the debt crisis
Through the strengthening of its mechanism and its ability to save funds.
Japan has repeatedly expressed its willingness to help Europe contain the debt crisis, but
Also emphasized its desire to see a convincing plan of action before it undertakes any obligation.
Said a senior government official, "such as Japan, other countries outside the euro zone is ready to work
Thing, but unless European countries will be difficult to hold that such steps
Effective. "
And raise the size of the rescue fund and the current mechanism for European stability exceeds 500 billion
The euro would be a major step and an encouraging sign.
The official told Reuters: "We expect that the drop in European countries, the ceiling of 500 Fund
Billion euros, is very positive. "
Europe's leaders agreed in Brussels earlier this month on the date of early release mechanism
Stability of the European year to mid 2012 actual lending capacity of 500 billion euros
(650 billion dollars), but questions were raised about the size of contributions and their timing.
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