Dollar location funding ministers and representatives match in The city on Wednesday to talk about using their EFSF bailout account so it can help Italia or Italy should they need aid.They are also likely to accept the next crisis mortgage repayments for Portugal and Eire. New Italian language Primary Reverend Mario Monti will describe his economical and economical change programs.
Following are features of feedback before talks:
BELGIAN FINANCE MINISTER DIDIER REYNDERS ASKED ABOUT POSSIBILITY OF ECB LENDING TO THE IMF:
"We will talk about with the ECB. The ECB is an separate organization, so we will put on the desk some programs and after that it is for the ECB to take the choice."
LUXEMBOURG'S FINANCE MINISTER LUC FRIEDEN ON EURO ZONE STABILITY:
"We need steadiness and assurance. We need to help Portugal, maybe other declares too. This has to be attached to powerful conditions and if those are not well known we need to encourage supports up to eliminating a associate condition. That's not our objective but if that is necessary it has to occur.
"We need steadiness in the euro location, that's why we need to operate with the IMF, the ECB and with a increased EFSF and get involved where it is necessary."
ON LEVERAGING THE EUROPEAN FINANCIAL STABILITY FACILITY (EFSF) BAILOUT FUND:
"I think it will be very challenging to arrive at, in perspective of the improved industry conditions, the at first imagined power objective, but we have to pay attention to the CEO of the EFSF before we can take a choice on this.
"I think the EFSF alone will not be able to remedy all the issues, we have to do so together with the IMF and with the ECB, within the structure of its self-reliance."
ON NEXT AID TRANCHE FOR GREECE:
"Based on the published approval by all celebration minds in Portugal the conditions are met to pay the next tranche. But we have to talk about this, and also see what the fee and the ECB have to say about this. But I think the conditions are now met
