Wen reaffirms China's confidence in eurozone outlook

Jun 28, 2011, 13:30 GMT

Berlin - Chinese Prime Minister Wen Jiabao reaffirmed his nation's confidence in Europe as the region battles to overcome the debt crisis gripping several euro member states.

Speaking at a press conference in Berlin, Wen said the world's second-biggest economy would continue to buy government debt on 'a certain scale to help stabilize the European economy and to help it develop.

'When Europe has problems we stretch out our hand,' Wen said at the joint press conference with German Chancellor Angela Merkel.

Wen said the economic difficulties facing Europe 'are of a temporary nature.' He went on to say that he believed Europe was 'strong enough to master the current challenges.'

China has played a key role in buying up government bonds held by heavily indebted eurozone states such as Greece, Portugal and Ireland.

Read more about China