ktlight
17th August 2011, 07:53
FYI:
Dutch Prime Minister Mark Rutte says imposing sanctions on countries ignoring eurozone laws is the last resort to oblige them to cooperate to regain trust in the region.
"We are in complete agreement in the Dutch cabinet that imposing automatic sanctions as much as possible against countries who do not stick to the rules is the only way to ensure the euro's long-term success," Reuters quoted Rutte as saying to a parliamentary finance committee on Tuesday.
The Dutch prime minister also said he believed that the rules proposed by the euro's founding stability pact "aren't strict enough."
Regarding the penalty considered for the non-law-abiding countries, Rutte mentioned, "I do not want to speculate about the expulsion of any country from the eurozone."
The Liberal Conservative premier said he thought that "any speculation about the enlargement of the European Financial Stability Facility (EFSF), the temporary European Union rescue fund established last year, or the possible creation of euro-bonds to share the debt risk would be extremely unwise."
According to recent opinion polls, public support in Europe for the huge rescue packages required by Greece, Ireland and Portugal -- with Spain and Italy seen next at risk -- is fading away.
Another recent poll also shows that Dutch voters want Greece out of the euro bloc.
The Netherlands, considered by many to own one of Europe's healthiest economies, has warned that a bigger EFSF may hurt its own creditworthiness.
source
http://www.presstv.ir/detail/194277.html
Dutch Prime Minister Mark Rutte says imposing sanctions on countries ignoring eurozone laws is the last resort to oblige them to cooperate to regain trust in the region.
"We are in complete agreement in the Dutch cabinet that imposing automatic sanctions as much as possible against countries who do not stick to the rules is the only way to ensure the euro's long-term success," Reuters quoted Rutte as saying to a parliamentary finance committee on Tuesday.
The Dutch prime minister also said he believed that the rules proposed by the euro's founding stability pact "aren't strict enough."
Regarding the penalty considered for the non-law-abiding countries, Rutte mentioned, "I do not want to speculate about the expulsion of any country from the eurozone."
The Liberal Conservative premier said he thought that "any speculation about the enlargement of the European Financial Stability Facility (EFSF), the temporary European Union rescue fund established last year, or the possible creation of euro-bonds to share the debt risk would be extremely unwise."
According to recent opinion polls, public support in Europe for the huge rescue packages required by Greece, Ireland and Portugal -- with Spain and Italy seen next at risk -- is fading away.
Another recent poll also shows that Dutch voters want Greece out of the euro bloc.
The Netherlands, considered by many to own one of Europe's healthiest economies, has warned that a bigger EFSF may hurt its own creditworthiness.
source
http://www.presstv.ir/detail/194277.html