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Inicio arrow newsitems arrow China believes in €uro + negociates participation to Financial Firewall

China believes in €uro + negociates participation to Financial Firewall

Escrito por ACM
02.11.11
    
20111102_21.02.27_400

*Cannes/G20 Summit/Angelo Marcopolo/- China believes in EU's potential and is negotiating its possible participation to a new Financial "Firewall" tool decided by the latest €uro-area Summit, positively stressed a key, Senior Chinese Official speaking to Journalists including "EuroFora" on the landmark meeting between President Hu Jintao and the 2011 G 20 Chairman, French President Sarkozy, which marked the eve of the Annual G20 Summit of Heads of State/Government starting tomorow.


    China is interested in, and believes in Europe's capacity to overcome any debt crisis, so that it doesn't exclude the possibility to actively participate into the recently proposed idea (by the latest, October 2011 €uroArea Summit in Brussels : See previous "EuroFora"s NewsReport) to include willing "Emerging" and other Countries such as China, or Russia, perhaps Brazil, India, etc., in a new collective Fund due to serve as one out of two "'Firewalls" protecting  €uroZone, said in substance the Chinese vice Minister of Finances, Zihu Guangyuao.


    But, since this would be better done through the IMF, by considerably augmenting its fresh Capital capacity by several Hundrends of Billions €, China's possible participaiion is an issue currently under discussion, that we hope it wil be concluded soon, positively. In particular, as it had been already said before, also at other occasions, "Emerging" Countries should have a better say inside the IMF and their voices should be better heard, pointed out the Chinese Official.


    China's 1st Press Briefing at Cannes' 2011 G20 Summit, held at the Chinese Delegation's Press Center, was attended by an unexpectedly large number of Journalists, which positively surprised the Chinese officials themselves, who, obviously hadn't been expecting such a large Media interest, and kindly promissed to participants to repeat the exercice in better material conditions...

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(NDLR : DraftNews, as already sent earlier to "EuroFora"s Subscribers/Donors. A complete and more accurate, Final version will be published asap).

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    Strategically located between Paris and Prague, Strasbourg offered a natural location for the French and Czech EU 2008 and 2009 Presidencies to tune their agendas for a resolute European move towards Renewable Energies, during an exceptional Joint Parliamentary meeting on "Energy and Sustainable Development", co-organized here by the Presidents of EU Parliament, Hans Gert Poettering, French National Assembly, Bernard Accoyer, and Senate, Gerard Larcher, on November 20 and 21.

    Concluded by a busy-looking French super-Minister of Energy, Environment and Regional planning, Jean-Louis Borloo, the exceptional gathering of Top MPs from all 27 EU States' Parliaments hoped that a Ministerial meeting prepared by Borloo, will pave the way to an overall agreement at the level of EU Heads of State and Government Summit chaired on December 2008 by French President Nicolas Sarkozy, allowing the next EU chair, the Czech Republic, to start working from the beginning of 2009 on concrete measures.   

Speaking to "EuroFora" President Accoyer resumed the general feeling by stressing that "Europe has no Oil-Gas resources, but an important Scientific-Technologic potential. Therefore, we must develop Renewable Energy sources". "Since the Sun is the most abundant and free RES,  we must do the outmost to boost Solar Energy" solutions, he added, at the eve of a special meeting on Solar energy and the Mediterranean organised by Borloo on Saturday.     

Oil-gas supplies' security and diversification were also examined by the EU gathering, after which, President Accoyer replied  to our question on risks of long, expensive and fragile pipe-lines' projects, crossing through foreign countries out of the EU, compared to new possibilities for Sea and River Ship direct EU transport even of Gas, thanks to New Liquification technologies : - "We have just écreated the Union for the Mediterranean for concrete projects like these", Accoyer stressed, speaking of Sea-River Ship Highways, fundeable under EU's TENS programs.     

 Rapporteur on "Energy innovation and sustainable development", Dr. Bedrich Moldan, vice-President of Czech Senate's Environment and Regional Development Committee, added that Climat issues, price uncertainties and diminution of accessible Fossil energies, played together with EU's RST potential in order to make RES both a need and "an opportunity". However, in cases as "Solar Energy, even if the main Scientific ideas are already here, we have to make some technologic breakthroughs in order to find how to produce it on a large scale, store and transport it", Dr. Moldan added to "EuroFora".     

Czech interest for RES was also expressed, earlier in Strasbourg, by Jan Kohout, the deputy Minister pf Foreign Affairs who participated to a workshop on "Renewable Energies" organized by the French EU 2008 Presidency : - "The focus is on Development", he told us.    

On this and other RES issues, Dr. Moldan anounced the Czech EU 2009 chair's intention to organize an important 2-days Conference on Renewable Energies and Sustainable Development late January 2009 at nearby Prague.                

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