Danish Prime Minister, Helle Thorning-Schmidt thinks the economic crisis in Europe is over

Tuesday, 10 April 2012
Denmark holds the rotating presidency of the EU since January 2012 and it couldn’t have come at a time when the European crisis needed some strong leadership and courage to bring some hope back to the economy.

Well, the first Danish Female Prime Minister seems to be doing just right when she said that worse of the economic and sovereign debt crisis in Europe has now been pushed to the real.

Although the Danish economy itself is still reeling with various forms of economic headache, the EU president and Danish premier said on Tuesday that "We assumed the presidency at a time where Europe was in a deep economic crisis, and although the crisis isn't over yet, a lot has happened in the three months that have passed," Thorning-Schmidt said at a press conference, pointing to the agreement between 25 EU-states to tighten fiscal discipline; a stabilization of the Greek sovereign debt situation; and last week's decision by a meeting of euro-zone finance ministers to raise the EU's emergency funds to EUR700 billion.
By Scancomark.se Team

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