QUOTE OF THE WEEK
"We hope to see a united, strong and prosperous Europe. Despite the debt problems encountered by some EU countries, Europe, with its solid economic foundation and scientific and technological strength, can beat the crisis and turn it into an opportunity for greater progress. In fighting the debt crisis, EU countries have enhanced cooperation and carried out reform with tremendous courage. This is laudable. As a result, the EU has made major progress to fiscal integration and the long-term mechanism for preventing financial risks, the European Stability Mechanism, will be launched earlier than scheduled. These steps have boosted market confidence and sent an encouraging message to the world."
Chinese Vice Premier Li Keqiang, writing in the Financial Times, May 1, 2012
