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Thursday, October 27, 2011

The EU hopes China and other G20 partners to rush to the rescue

The EU hopes China and other G20 partners to rush to the rescue After a night of tough negotiations and bargaining, and finally in the 27 eurozone leaders are given a morning to resolve the debt crisis package. According to a statement after the latest program includes three elements: to enhance the existing European Financial Stability Fund (EFSF) bailout financial strength to 1 trillion euros; private investors agree to hold Greek government bonds for 50% of assets minus mind; to ...The EU hopes China and other G20 partners to rush to the rescue

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