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Eurozone Statement

Eurozone Statement

toronto353

Secretariat's
The Secretariat of the EU thanks the Czech Republic for calling a eurozone summit. We believe that this is a positive step forward to solving the crisis even though some states have not participated. The Eurozone is in agreement that Eurobonds should be adopted with limits put it place to prevent excessive debts being built up. The Eurozone also believes that further fiscal integration is an important step to take. While the eurozone differs on some of their approaches to the crisis, there are moves to begin to reconcile these differences. The Secretariat is encouraged by the solutions presented and we call upon the Czech Republic to produce treaties to begin to legislate for some of the solutions.

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