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Optimism for "comprehensive package" solution

23. October 2011. | 23:37 23:45

Source: Emg.rs, AMNA

European Council president Herman van Rompuy on Sunday expressed optimism that a "comprehensive package" for a viable solution to the Greek debt, recapitalisation of vulnerable European banks, boosting the European Fiscal Stability Facility (EFSF) and enhancement of economic governance will be agreed at another summit on Wednesday.

European Council president Herman van Rompuy on Sunday expressed optimism that a "comprehensive package" for a viable solution to the Greek debt, recapitalisation of vulnerable European banks, boosting the European Fiscal Stability Facility (EFSF) and enhancement of economic governance will be agreed at another summit on Wednesday.

Speaking in Brussels after a summit meeting of the 27-member European Union, Rompuy said that "satisfactory progress" had been made Sunday regarding the recapitalisation of banks, which is expected to be finalised on Wednesday, when another, extraordinary, EU summit has been called at 7:00 p.m., ahead of a follow-up eurozone summit of the 17 euro area member countries.

On economic governance, Rompuy said the 27 leaders agreed Sunday to examine the prospects for a "limited" change to the treaties and that the matter will be taken up again at the EU summit in December.

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