. Energy News .




.
POLITICAL ECONOMY
China says hopes EU will stick to bailout plan
by Staff Writers
Beijing (AFP) Nov 2, 2011



China said Wednesday it hopes Europe will stick to a bailout plan reached at last week's debt crisis summit, after Greece called a surprise national referendum on the deal.

Foreign ministry spokesman Hong Lei said China had "taken note" of the Greek referendum, adding that "we hope the European side can honestly implement the relevant plan to solve the crisis."

World markets have plunged after the shock announcement that Greece will hold a vote on the package of measures agreed last week to try to rescue the eurozone from a worsening debt crisis.

Europe has approached China -- which is already a major holder of European debt and has repeatedly called on EU leaders to put their financial houses in order -- to help finance an expansion of its bailout fund.

China has so far been non-committal about what help it could provide. On Wednesday, Hong reiterated Beijing's support and said he hoped Europe's actions would be "conducive to the stability of the markets".

"China is ready to explore ways to fight against the (debt) crisis with the EU," he said. "China has been and will continue to be a major investor in the EU market."

Related Links
The Economy




.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



POLITICAL ECONOMY
Thousands of anti-capitalists march on Riviera ahead of G20
Nice, France (AFP) Nov 1, 2011
Thousands of anti-capitalists poured into the French Riviera city of Nice on Tuesday for a march against corporate greed ahead of the G20 summit in nearby Cannes, echoing protests worldwide. Shouting "People first, not finance!", protesters from around Europe and beyond marched noisily along their assigned route in the city's outskirts on a sunny and peaceful national holiday in the Mediterr ... read more


POLITICAL ECONOMY
Gravitational waves that are 'sounds of universe'

Microgravity Science Glovebox Team Celebrates 10,000 Hours of Glovebox Operation

Squeezed laser will bring gravitational waves to the light of day

NASA Seeks Undergraduates To Fly Research In Microgravity

POLITICAL ECONOMY
Latin America set on solar energy growth

ONYX Announces Revolutionary "Plug-N-Play" All-in-One Solar Panel

SolarWorld Solar Panels Ready to Power Center Modeling World Advance in Sustainable Building

GE Unit and KGAL invest in 50MW Spanish CSP Plant

POLITICAL ECONOMY
Mortenson Construction Builds Its Fifth Wind Facility In Illinois

Chinese Wind Market To Overtake Germany by 2018, Second Only to the UK

Huhne slams green energy 'naysayers'

Wind farm development can be powerful, as long as proper design is implemented

POLITICAL ECONOMY
Japanese urged to wrap up warm to save winter power

Russia: EU energy talks at impasse

California approves carbon cap-and-trade

China warns of winter power shortage

POLITICAL ECONOMY
Oil prices tumble on Greek referendum, Chinese data

Aluminum alloy overcomes obstacles on the path to making hydrogen a practical fuel source

Navy Researchers Fire 1,000th Shot on Laboratory Electromagnetic Railgun

Beneficial Collaboration Between Army Installations and Energy Utility Companies

POLITICAL ECONOMY
Three New Planets and a Mystery Object Discovered Outside Our Solar System

Dwarf planet sized up accurately as it blocks light of faint star

Herschel Finds Oceans of Water in Disk of Nearby Star

UH Astronomer Finds Planet in the Process of Forming

POLITICAL ECONOMY
Israel fears Berlin could scrap sub deal

Mongolian 'kamikaze' victim found off Japan coast

German wavers over sale of sub to Israel: report

Third Littoral Combat Ship Completes Builder Trials

POLITICAL ECONOMY
Opportunity Continues to Drive North

Opportunity Past 21 Miles of Driving! Will Spend Winter at Cape York

Scientists develope new way to determine when water was present on Mars and Earth

Mars Rover Carries Device for Underground Scouting


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement