Visit of Pierre Moscovici, French Minister for Economy, Finances and Foreign Trade, to Olli Rehn: extracts from the joint press briefing

Type: Summary of press conference   Reference: I-073572   Duration: 10:03:20  Lieu:
End production: 04/06/2012   First transmission: 04/06/2012
On 4 June 2012, Pierre Moscovici, French Minister for Economy, Finances and Foreign Trade, paid a visit to Olli Rehn, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro, in Brussels. After their meeting, the Officials held a joint press briefing where they talked about the reduction of the French government deficit to 3% by 2013. They also made declarations on Greece and their will that the country remains in the Euro Zone.

Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
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TIME DESCRIPTION DURATION
10:00:00 Title 00:00:05
10:00:05 Joint arrival of Olli Rehn, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro, and Pierre Moscovici, French Minister for Economy, Finances and Foreign Trade, at the press briefing 00:00:05
10:00:10 Soundbite by Olli Rehn (in FRENCH) saying that regarding budget deficit objectives, Pierre Moscovici reaffirmed France's commitment to correct its excessive deficit by 2013. He congratulates him for this commitment to achieving this objective, which is really feasible. 00:00:26
10:00:37 Soundbite by Pierre Moscovici (in FRENCH) saying that regarding public finance, Olly Rehn has just said it is feasible for them to achieve the target of 3% deficit by 2013 and a balance of finances by 2017. It is feasible and it will be done. 00:00:17
10:00:54 General view of the press briefing 00:00:07
10:01:02 Soundbite by Pierre Moscovici (in FRENCH) saying that they did not discuss the path but he thinks that there is a strong confidence in their plans. They will work within the agenda that he presented yesterday. There will be corrective reforms on public deficit measures within a few weeks. 00:00:19
10:01:22 Cutaway of press 00:00:07
10:01:29 Soundbite by Olli Rehn (in FRENCH) saying that he thinks that this commitment is feasible and it is important for the economy that growth is sustainable. He thinks that the multi annual reform for public finances is really important and will soon be adopted. 00:00:28
10:01:57 General view of the press briefing 00:00:06
10:02:03 Soundbite by Olli Rehn (in ENGLISH): I know that the implementation of the program of economic reforms and fiscal adjustment is painful for many ordinary Greeks, it has been difficult. But at the same time, I find that respecting commitments to the program and the reforms and recovery of Greece is still a better way for Greece. And we see that it is a matter of commitment for the reforms and for the Euro by Greece. We want to have Greece in the Euro and we are working for that objective. 00:00:41
10:02:45 Cutaway of a cameraman 00:00:06
10:02:52 Soundbite by Pierre Moscovici (in FRENCH) saying that this is of utmost importance and the only option which is on the table, contrary to what has been said. They strongly support that Greece stays in the Euro Zone; it is necessary for Greece and good for the Euro Zone and vice-versa. This is their will and they have to do everything is possible for it to be achieved. 00:00:28
10:03:20 Departure of Pierre Moscovici and Olli Rehn 00:00:06
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