Wednesday, December 14, 2011

German FM regrets EU failure to reach unanimous agreement on fiscal decipline

German FM regrets EU failure to reach unanimous agreement on fiscal decipline
German Foreign Minister Guido Westerwelle said here Friday that he regrets that leaders of the European Union (EU) member states failed to achieve a unanimous agreement to tackle the ongoing crisis.

"We regret that not all EU countries did take part in this package for more stability," Westerwelle said while meeting with his Portuguese counterpart Paulo Portas, referring to the intergovernmental fiscal compact which Britain vetoed.

"But the invitation is open for the countries that hesitate at this moment. The path for stability is not the interest of only some countries, it is the interest of the whole EU in the globalization," he added.

Discussing with Westerwelle the ongoing privatization campaign in the southern-European country, the Portuguese minister, for his part, asked for more German investment and business presence in Portugal.

Editor: Deng Shasha

English.news.cn   2011-12-10 13:30:09              
LISBON, Dec. 9 (Xinhua)

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