Bloomberg News

Schaeuble Says G-20 Is ‘Pleased’ With European Crisis Efforts

October 15, 2011

Oct. 15 (Bloomberg) -- German Finance Minister Wolfgang Schaeuble said finance ministers and central bank governors from the Group of 20 nations were “pleased” about European efforts to contain the region’s debt crisis.

“Our colleagues were pleased that we Europeans, representatives of the euro zone, have kept our word because it was very important of course to enact by this meeting in all member states’ parliaments the decisions about strengthening the EFSF that were taken on July 21,” Schaeuble told reporters after the G-20 meeting in Paris. “For our colleagues that was confirmation that we’re aware of our responsibility and we’ll solve the problems in the euro zone.”

--Editors: Simone Meier, Matthew Brockett

To contact the reporter on this story: Rainer Buergin in Berlin at rbuergin1@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net


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