• Confident basic structure of permanent crisis mechanism will be drawn up
  • Proposed changes to EU treaty show aid will only be given under strict conditions
  • Proposed changes see using crisis mechanism as last resort
  • IMF will be included in future crisis mechanism
  • Mechanism will be based on intergovernmental support
  • Eurobonds will not be part of talks at EU summit
  • Question of private sector involvement doesn’t need to be mentioned in EU treaty changes
  • Supports ECB in all that it deems important
  • If ECB wants to enlarge its basic capital, Germany would react positively
  • We want to work on improving economic coordination, this is long-term issue though