My comment: It means Eurozone. Some European countries not into the
Eurozone are already putting exit rules such as Norway, while others
are deep into this short term crisis such as Iceland.

http://news.xinhuanet.com/english/2009-10/29/content_12357567.htm

But Eurozone is not too far from fourth phase. In H1 2010 probably
they are to start removing some rules. However, some "politic"
messages might sign the oppositie, i.e.

Sarkozy May Extend `Grand Loan' Over Two Years, Adviser Says
http://www.bloomberg.com/apps/news?pid=20601085&sid=a3Yp0nvS1CA8

the truth is that "that amount is small relative to the budget
deficit" (quoted from that link).

Peace and best wshes.

Xi
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