欧元区出现积极迹象

Global markets edged higher on Friday. That’s after German Chancellor Angela Merkel appeared to support a plan by the European Central Bank to intervene and help troubled euro-zone governments. But Spain’s banking sector continues to struggle.

Finally, a reprieve for the global markets on Friday.

A key European index hit a 13-month high, and all major indices closed higher.

The much-needed boost came from the German Chancellor Angela Merkel-who visited Canada.

Angela Merkel, German Chancellor, said, "We feel committed to do everything we can to maintain the common currency. The European Central Bank-although it is of course independent-is completely in line with what we’ve said all along."

This means Germany now supports the ECB’s plan to buy bonds of troubled euro zone nations-helping them to bring down their borrowing costs.

Will Hobbs, Barclays Wealth Eq uity Strategist, said, "The ECB’s latest proposal is very much as Angela Merkel noted, very much in line with what Germany has been hoping for - countries that ask for bailout money, should be subject to very strict conditionality."

Merkel is also said to be considering easing Greece’s bailout terms.

Greek Prime Antonis Samaras is under pressure to show his country is sticking to its reform plan - to get the next round of emergency funding. And some German lawmakers believe Europe’s paymaster may be ready to show more leniency.

The news was less encouraging from another troubled Eurozone nation-Spain, the fourth largest economy in the currency bloc.

Bad loans there hit a record high in June-9 and-a-half percent, the highest in 40 years.

That’s the toxic legacy of the Spanish housing crash - that nearly destroyed its banking sector.

The country is poised to get a 100 million euros in aid from other euro zone nations.

But with its borrowing costs rising, many fear the Spanish government will soon need a full-blown bailout, like Greece.

So as European leaders appear to be moving closer to resolving their differences on how to crack the region’s two-year debt crisis - the markets are cheering for now. Roza Kazan, CCTV.