Don't miss

Replay


LATEST SHOWS

ENCORE!

Photographer Clare Strand explores the causes and consequences of communication breakdown

Read more

IN THE PRESS

Fashion and ethics: Five years after Bangladesh factory collapse, what's changed?

Read more

FOCUS

Israel’s migrant crisis: Clear government signals, but unclear decisions

Read more

PERSPECTIVE

Plastic waste: ‘We can only tackle the problem if we work together’

Read more

MEDIAWATCH

Louis XIV's message for the British royal baby

Read more

EYE ON AFRICA

Zimbabwean nurses call off strike and return to work

Read more

THE DEBATE

Macron meets Trump: A state visit with discord on the horizon?

Read more

BUSINESS DAILY

Macron hopes for breakthrough on trade tensions during US visit

Read more

ENCORE!

Music show: Mahalia, Ariana Grande & Willie Nelson

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)