Wednesday, Oct 22, 2014Wednesday, Oct 22, 2014
News
 

No EU member wants to break up grouping: PM Lee

Europe leaders say structural issues need more time to work out, he adds

Published on Nov 7, 2012 6:00 AM
 
PM Lee said the summit gave him the chance to talk to European leaders about ongoingnegotiations on a European-Singapore FTA. -- ST PHOTO: DESMOND LIM

VIENTIANE - After meeting fellow leaders from Europe and Asia over two days, Prime Minister Lee Hsien Loong came away from a just-ended summit with a sense of optimism about the European Union's survival and the recovery of its economy.

Nobody in the EU, he said, wanted to break up the grouping, although there are still structural issues in its economy that will take time to work out.

In an interview with Singapore reporters to wrap up the ninth Asia-Europe Meeting (Asem) Summit in the Laotian capital on Tuesday, Mr Lee reported hearing a range of views from European leaders about their economy.

"Some are confident that the worst is over. Some emphasise the structural issues which would take many more years to work out... I hope they're right that the worst is over," he said.

 
If you are not a subscriber, you can get instant, unlimited access here