European Finance Ministers Postpone Discussion on 3 Vital Issues

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European Finance Ministers Postpone Discussion on 3 Vital Issues

It has been revealed that European Central Bank has been making all the possible efforts to make sure that they are able to help all the economies, which are stuck under economic crisis. However, it seems that debt ridden countries are not in haste to free their economy from tension.

Recently, a meeting took place in Cyprus, where European finance ministers met to discuss the problem. It was found that ministers have said that they are in no hurry to solve the issues. The three issues, which have been said to be kept aside for further meeting, are a bailout plan for Spain.

The second issue is that Greece has also to extend its bailout scheme for yet another two years. The ministers have postponed this matter as well for future meeting. The third point is appointment of a supervisor for Europe's banks.

Though the Dutch finance minister has told that something can be done if Spain's Prime Minister Mariano Rajoy come and talk about help, it has been found that the latter is not ready for the same.

"Now we have this weird equilibrium where we don't know whether Spain is going to apply for this aid which has been promised", said experts.


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