CLEAN: EU will do 'whatever necessary' to safeguard euro: Rompuy

The transcript discusses the necessity of economic measures to preserve social models and ensure welfare and jobs for future generations. It highlights the unique challenges faced by different countries, such as Portugal and Greece, and emphasizes a strong commitment to safeguarding financial stability at the highest levels. The euro is portrayed as a stable and strong currency with better fundamentals compared to other major currencies, and the eurozone's average public deficit is noted to be lower than that of the United States, UK, and Japan.

Why are necessary measures emphasized by the speaker?

• To preserve social models and ensure future welfare

• To cut deficits only

• To reduce government spending

• To increase taxes

What challenges are mentioned as being different for Portugal and Greece?

• Social welfare systems

• Political stability

• Debt market tensions

• Economic growth

What is the speaker's stance on the eurozone summit meeting?

• The meeting is already scheduled

• The meeting is unnecessary

• The speaker has decided against it

• The speaker has not decided but does not exclude it

How does the speaker describe the euro compared to other currencies?

• Similar to the US dollar

• Stable and strong with strong fundamentals

• Weaker than the Japanese yen

• Unstable and weak

Which countries have a higher average public deficit compared to the eurozone?

• United States, UK, and Japan

• China, India, and Brazil

• Spain, Portugal, and Greece

• Germany, France, and Italy