Rehn reassures markets over debt concerns

2011-08-05 12

Patience will pay off - that is the message to investors from Europe's Economic and Monetary Affairs Commissioner. Olli Rehn said Italy and Spain do not need bailing out as measures in place will soon take effect. He admitted that financial markets have been disappointed with last month EU agreement to tackle the crisis but stressed a rescue plan is now only "weeks away." ... http://www.euronews.net/