51³Ô¹ÏÍø

David Cameron press conference Spanish Prime Minister Jose Zapatero; - So we’ve talked about Oslo; we’ve also had time during our meeting to talk about the economic situation in Europe. We’ve talked about that last Council meeting in the euro group. We’ve talked about international relations too. We’ve talked about the hotspots in the world today and of course we’ve also reviewed our bilateral relations. As for Europe, the economic situation in Europe – economic Europe – I told David Cameron what happened at the Council meeting, the meeting of the heads of state and government of the euro group, and I told him that we’d reached a very good deal – a very good deal – to make sure that Greek debt is sustainable, to make sure that everyone knows that Greece will be able to meet its commitments, that it will have the support of the European countries, and that will also be a very clear cut, defined, concrete participation on the part of the private sector in the deal, and that in addition the eurozone has reinforced its system of protection with powerful tools. There is now this mechanism that will allow us to buy up sovereign bonds in secondary markets. There’s the possibility that that will allow governments to lend, to recapitalise banks or establish preventive mechanisms.Now, economic recovery is a long, tough road ahead of us everywhere and that is why we need to cooperate. We need to ensure that we build on and extend the single market and I know that both Spain and Great Britain are very interested in that taking place and that we need to ensure stability for the euro and that all of the polities working towards more integrated, more competitive markets, will take us in the direction of greater growth. But this is the most serious crisis that we’ve had to deal with for 80 years. That’s a fact. Therefore, it’s logical that it’s hard for us to get out of the crisis and it’s quite natural and logical for people to fee...