Germany and France are planning to launch a sweeping new initiative to reinforce economic co-operation and surveillance within the eurozone, including the establishment of a European Monetary Fund, according to senior government officials.
Their intention is to set up the rules and tools to prevent any recurrence of instability in the eurozone stemming from the indebtedness of a single member state, such as Greece.
The first details of the plan, including support for an EMF modelled on the International Monetary Fund, were revealed at the weekend by Wolfgang Schäuble, the German finance minister, who promised precise proposals in the near future.
“I am in favour of stronger co-ordination of economic policies in the EU and in the eurozone,” Mr Schäuble told news-paper Welt am Sonntag.
朔伊布勒对德国《周日世界报》(Welt am Sonntag)表示：“我支持加强欧盟(EU)及欧元区内部经济政策的合作。”
If France and Germany can agree on such proposals – long urged by Paris – they are likely to set the basis for the most radical overhaul of the rules underpinning the euro since the currency was launched in 1999.
The German thinking emerged as George Papandreou, the Greek prime minister, flew to Paris to seek the support of Nicolas Sarkozy, French president, for his government's drastic austerity programme.
德国方面提出上述想法之际，正值希腊总理乔治•帕潘德里欧(George Papandreou)飞抵巴黎，寻求法国总统尼古拉•萨科齐(Nicolas Sarkozy)对希腊政府大幅度财政紧缩计划的支持。
“We must support Greece, because they are making an effort,” Mr Sarkozy said before the meeting. “If we created the euro, we cannot let a country fall that is in the eurozone. Otherwise there was no point in creating the euro.”
His words appeared to underline the greater readiness in France than in Germany to provide some sort of financial support or guarantee for the Greek economy. Angela Merkel, the German chancellor, insisted that no such support had been sought or discussed when she met Mr Papandreou on Friday.
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