Juncker: If weight of greek public debt is corrected downwards, if interest rate lowered, maturities lengthened, this could help greece
juncker: We didn't look in specific terms at the italian crisis
JUNCKER: WE ARE GOING TO PERFECT OUR INSTRUMENTS IN ORDER TO STOP CONTAGION SPREADING IN THE EURO ZONE
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NEW YORK, July 11 (Reuters) - Euro-zone finance ministers said on Monday they are ready to adopt measures to improve the region's capacity to resist contagion, including enhancing the flexibility and the scope of its bailout fund. The euro firmed marginally after the ministers' statement, which was issued after a meeting in Brussels. For the full statement of the finance ministers, see [ID:nB5E7I400W]. Following are comments from investors and market analysts: MOHAMED EL-ERIAN, CO-CHIEF INVESTMENT OFFICER AT PACIFIC INVESTMENT MANAGEMENT CO., NEWPORT BEACH, CALIF.: "European officials are scrambling to regain the initiative following a further sharp deterioration in market sentiment. To succeed, words would need to be accompanied by actions that address the root causes of the dislocations." (Reporting by Jennifer Ablan; Editing by Jan Paschal) ((walter.brandimarte@thomsonreuters.com; +1 646 223-6319; Reuters