China - The euro zone does not risk the sort of debt problems plaguing Dubai, senior European Union officials said on Sunday.
Dubai was forced to seek a debt standstill last week, rocking global markets and reviving concerns about the fiscal health of some euro zone members, notably Greece.
Luxembourg Prime Minister Jean-Claude Juncker, who chairs the Eurogroup of euro zone finance ministers, said he saw no risk of such a default in the euro area.
European Central Bank Governor Jean-Claude Trichet entirely confirmed what Juncker said.
The two were speaking at a news conference after a day of talks with Premier Wen Jiabao and other senior Chinese officials.
(Reporting by Simon Rabinovitch and Chris Buckley; Writing by Alan Wheatley; Editing by Mike Nesbit)