Emerging countries like China could come to the aid of Europe via the EFSF… In the summit statement there is an increase in the intervention capability of the EFSF, thanks to a leveraging effect.
This framework helps the economy handle both external and internal shocks. These policies, together with a fiscal policy based on keeping our public debt-to-GDP ratio on a sustainable downward track, have helped to stabilize output and employment at a high level. At the same time, they have delivered low and stable inflation.