Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

12 February 2013

ユーログループ(ユーロ加盟国の財務相連合)がユーロ圏の経済状況に関して討議


Default: Change to:


Euro area finance ministers meeting in the Eurogroup took stock of the economic situation in the euro area. They also discussed European Stability Mechanism (ESM) matters, in particular the framework for a direct bank recapitalisation instrument.


At the press conference following the first meeting he chaired, newly-elected Eurogroup President Jeroen Dijsselbloem stated that ministers had discussed the economic situation, on the basis of an outline by the Commission of its forthcoming winter forecast (to be published on 22 February).

Regarding the situation in Cyprus, ministers confirmed that they would like an independent assessment of the implementation of rules for financial institutions. Once this is satisfactorily completed, the Eurogroup could look forward to reaching a decision on a programme for Cyprus in March. The Greek programme, he said, was on track, and in relation to Ireland, he took note of "substantial improvements in terms of market access".

As regards the ESM, ministers continued the discussion on direct recapitalisation of banks. "In order to preserve the ESM capacity for other instruments and the ESM high credit rating, we agreed to explore the possibility of defining limits for the various ESM instruments", said Mr Dijsselbloem. He also said that ministers decided to explore options to attract private capital alongside ESM capital injections in order to maximise the direct recapitalisation capacity. The aim is to finalise the operational framework for the direct recapitalisation instrument by June, as requested by heads of state or government.

Press release

Video of press conference



© European Council


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment