Community
Ä¿¹Â´ÏƼ
 

-- Europe's political and economic attempts to stem the eurozone debt crisis may finally be getting results, Finland's European minister Alexander Stubb has told CNN.

Stubb told CNN a combination of political action and monetary intervention in the eurozone over the last month had put Europe on the road to economic recovery. "If we play our cards right, I think we will have turned the corner of this crisis," he said.

Earlier this month, European Central Bank President Mario Draghi announced a program to buy bonds of fiscally-frail countries such as Spain and Italy. A week later, the German constitutional court green-lighted the European Stability Mechanism -- the region's 500 billion euro ($651 billion) permanent bailout fund -- to come into force in October this year.

A victory for pro-European parties in the Dutch elections this month was also a sign that electorates in Northern European countries have not lost faith in the 17-nation currency bloc.

Stubb told CNN Europe was stuck in a "vicious cycle" between politicians, the media and the markets, which was hindering the speed of economic recovery. He said the issue was: "Politicians talking loose stuff, media interpreting that loose stuff and then markets reacting to what the media reports."

Ford boss: Europe's a concern for us all

Stubb said debt-ridden countries like Spain and Italy were taking the necessary steps to reform but reiterated the ECB's message of conditionality in exchange for aid. He added: "I have a lot of respect for the Spanish government because they have taken a lot of tough decisions in the past few months."

The 44-year-old is in favor of a banking union -- a proposal from Brussels which would give the European Central Bank a supervisory role for more than 6,000 eurozone banks. But, he said, "we cannot be in a situation where those banks which have taken care of their funds, have a good balance sheet, would be paying for those banks which haven't done so well."

UniCredit head: We need a European banking union

Stubb's comments follow his speech to The Institute of International and European Affairs in Dublin, Ireland, in which he was skeptical over calls for a more integrated Europe. Of such an idea, he said: "We do not have the time, nor can we introduce an element of further uncertainty."

Such a stance runs contrary to that of European Commission President Jose Manuel Barroso, who told CNN Europe needed to be more unified.

Á¦ ¸ñ Finland minister: Bid to stem euro crisis is worki Á¶È¸¼ö 6695
À§´×Æù ¸¸Á·µµ Ãßõ 1À§ ÀüÈ­¿µ¾î È­»ó¿µ¾î
ÀÌÀü±Û Sinuous 'Marilyn Monroe' towers shape city's futur
´ÙÀ½±Û Rover finds evidence of ancient water on Mars


    ¼ö°­Æò°¡ Æ÷ÀÎÆ® 360 Point wto9**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,700 Point wto9**´Ô
    ¸ð¹ÙÀÏ ·Î±×ÀÎ 1,000 Point eng_**´Ô
    ¸ð¹ÙÀÏ ·Î±×ÀÎ 1,000 Point eng_**´Ô
    ȸ¿ø°¡ÀÔ ÃàÇÏ 3,000 Point gusd**´Ô
    ¸ð¹ÙÀÏ ·Î±×ÀÎ 1,000 Point gusd**´Ô
    ȸ¿ø°¡ÀÔ ÃàÇÏ 3,000 Point only**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,760 Point wto9**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,565 Point chun**´Ô
    ¼ö°­Æò°¡ Æ÷ÀÎÆ® 510 Point wto9**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,760 Point wto9**´Ô
    ȸ¿ø°¡ÀÔ ÃàÇÏ 3,000 Point secc**´Ô
    ¼ö°­Æò°¡ Æ÷ÀÎÆ® 570 Point wto9**´Ô
    ȸ¿ø°¡ÀÔ ÃàÇÏ 3,000 Point merm**´Ô
    ȸ¿ø°¡ÀÔ ÃàÇÏ 3,000 Point zxzx**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 1,870 Point zxzx**´Ô
    ¸ð¹ÙÀÏ ·Î±×ÀÎ 1,000 Point zxzx**´Ô
    ¼ö°­Æò°¡ Æ÷ÀÎÆ® 620 Point wto9**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,730 Point wto9**´Ô
    ¼ö°­Æò°¡ Æ÷ÀÎÆ® 400 Point wto9**´Ô
    ¼ö°­Æò°¡ Æ÷ÀÎÆ® 240 Point wto9**´Ô
    ¼ö°­Æò°¡ Æ÷ÀÎÆ® 410 Point wto9**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,730 Point wto9**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,295 Point chun**´Ô
    ¼ö°­Æò°¡ Æ÷ÀÎÆ® 500 Point wto9**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,760 Point wto9**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,760 Point wto9**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,415 Point chun**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,565 Point chun**´Ô
    ȸ¿ø°¡ÀÔ ÃàÇÏ 3,000 Point live**´Ô
    ȸ¿ø°¡ÀÔ ÃàÇÏ 3,000 Point uni1**´Ô
    ¸ð¹ÙÀÏ ·Î±×ÀÎ 1,000 Point uni1**´Ô
    ȸ¿ø°¡ÀÔ ÃàÇÏ 3,000 Point secc**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,565 Point chun**´Ô
    ȸ¿ø°¡ÀÔ ÃàÇÏ 3,000 Point ehks**´Ô
    ½Å±Ô °áÁ¦ Æ÷ÀÎÆ® 2,565 Point chun**´Ô