Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Ghanaian President Mahama concedes defeat to opposition leader Afuko-Addo

Read more

MEDIAWATCH

Trump's TV Career Continues

Read more

THE WORLD THIS WEEK

President Park Impeached, Ghana's High Stakes Election (part 1)

Read more

THE WORLD THIS WEEK

Aleppo Offensive, Renzi Resigns, Trump's Cards (part 2)

Read more

ENCORE!

South Korea: An inside look at the K-pop wave

Read more

#THE 51%

Diving back in: Offering support for French mothers returning to work

Read more

REPORTERS

Chaotic post-hurricane relief efforts in Haiti

Read more

PEOPLE & PROFIT

Cash crunch casualties: India's wedding industry suffers from currency changes

Read more

FOCUS

Ivory Coast faces uphill battle against counterfeit medicine

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)