© Kamaga, Fotolia
Herman Van Rompuy, President of the European Council, has decided to postpone the meeting of the European Council and of the Eurogroup for a week until 23 October. This will allow for the finalisation of the comprehensive strategy for the sovereign debt crisis in the Euro area.
More elements are needed to address the situation in Greece, the bank recapitalisation and the enhanced efficiency of stabilisation tools (EFSF). These elements are closely related to the outcome of the troika mission to Greece concerning the state of implementation of the programme and to the Commission’s plans for a framework for the bank recapitalisations, taking into account the work of the European Banking Authority, said Herman Van Rompuy.
He has invited the Polish Presidency and the President of the Eurogroup to convene an Ecofin Council and a Eurogroup meeting ahead of the European Council.
More information:
Press release (pdf)
…
© Kamaga, Fotolia
Herman Van Rompuy, President of the European Council, has decided to postpone the meeting of the European Council and of the Eurogroup for a week until 23 October. This will allow for the finalisation of the comprehensive strategy for the sovereign debt crisis in the Euro area.
More elements are needed to address the situation in Greece, the bank recapitalisation and the enhanced efficiency of stabilisation tools (EFSF). These elements are closely related to the outcome of the troika mission to Greece concerning the state of implementation of the programme and to the Commission’s plans for a framework for the bank recapitalisations, taking into account the work of the European Banking Authority, said Herman Van Rompuy.
He has invited the Polish Presidency and the President of the Eurogroup to convene an Ecofin Council and a Eurogroup meeting ahead of the European Council.
More information:
Press release (pdf)
