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Ambassador Vale de Almeida Discusses EU Economy on C-SPAN

Appearing on C-SPAN’s Washington Journal this morning, Ambassador João Vale de Almeida, Head of the European Union Delegation to the United States, welcomed the German Parliament’s vote to expand the powers of the European Financial Stability Facility.

“It was very good news for the capacity of Europe to deal with this crisis,” said Ambassador Vale de Almeida. “Germany is an important country in the EU – one of the strongest economies. It is very clear that we want to exit this crisis with the full support of public opinion […] It is very important that Parliaments, like the Bundestag, give a clear signal to the markets and other countries in Europe that they are fully committed to contribute to a solution.”