Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Donors pledge millions at Uganda refugee summit

Read more

MEDIAWATCH

Depp plumbs depths of bad taste

Read more

THE WORLD THIS WEEK

France's new frontman, America's absent center, May's Brexit gambit, Saudi royal reshuffle, after Mosul & Raqqa fall

Read more

REVISITED

Senegal’s Casamance hopes for new era of peace

Read more

THE INTERVIEW

FARC disarmament a 'historic day' for Colombia, says president

Read more

FASHION

Cruise collections: All aboard for Dior and Chanel's latest fashions

Read more

ENCORE!

Colombia comes to France

Read more

#THE 51%

The last taboo: Helping women and girls. Period.

Read more

DOWN TO EARTH

Who benefits when the ice caps melt?

Read more

Europe

World Bank chief urges financing for Italy and Spain reform programmes

Text by FRANCE 24

Latest update : 2012-06-19

In an interview with FRANCE 24, World Bank President Robert Zoellick said the most important issue for Europe now was to give Spain and Italy the medium-term financial backing they needed to conduct reforms.

Speaking to France24’s Markus Karlsson, World Bank President Robert Zoellick said that "the world was waiting for Europe to save Europe". While he conceded people would be watching Sunday’s Greek election closely, he stressed that the crucial issue facing economic bloc was securing financial backing for Spain and Italy to undertake necessary reforms.

Asked about leadership, he said that it would be “significant for Europe” if France and Germany took a lead role, adding that France had a strong role to play, as long as it did not take steps that would “weaken its economy and compound the problem”.
 

Date created : 2012-06-15

COMMENT(S)