The complete txt novel attachment of China's version of Marshall Plan to save Europe has been uploaded to Baidu Netdisk, click to download for free: Content preview: China's version of Marshall Plan to save Europe 2011-10-29 On the surface, the Southern Metropolis Daily said that the European debt crisis has temporarily eased, but in fact it has not.

The new round of EU summits that ended on October 27 got rid of the entanglement in details and reached consensus on three key issues: Greek debt write-down, expansion of European Financial Stability Facility (EFSF) tools, bank capital injection and strengthening financial supervision.

The banking industry has become the largest real payer of the Greek debt crisis, and they have to write down 50% of Greek debtors; and Europe's major banks also face the test of increasing capital adequacy ratios; ultimately, whether the euro can survive the crisis depends on the European economy

Whether the development model can take the right path depends on whether the EFSF can have sufficient sources of funds and whether the EU's plan to establish a special investment fund (SPIV) can be recognized by international investors.

At the beginning of China's market-oriented reform, there was a famous saying that money is not everything, and nothing can be done without money.

This sentence can be applied to the current European debt crisis.

Asia is the first choice for the money-raising trip, and China, which has a US$3.2 trillion, is the key target of lobbying.

EFSF CEO Regrin's recent trip to Beijing was mainly to seek investment from China in the newly established special purpose fund.