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Some have also written credit insurance on the debt of European institutions and troubled nations like Greece.
Its president, Mario Draghi, and his colleagues have stretched the rule book in order to open the money spigots to purchase troubled nations' debts.
The leaders of troubled nations will fight hard to get all they can with as few promises in return as possible.
As it stands, European Union emergency facilities are marking time by lending more money to the fiscally troubled nations in the currency union.
In Europe, troubled nations like Greece and Ireland have imposed savage cuts, even as stronger nations have imposed milder austerity programs of their own.
Still, many within the development world doubt the ability of NGOs to cure the world's most troubled nations of their woes.
First, pessimism about the prospects of a euro-zone break-up was lifted by the willingness of the European Central Bank to buy the bonds of troubled nations.
Bush administration officials, who supported the fresh loans for Turkey, have often argued that the fund should not repeatedly bail out troubled nations.
Ms. Kennedy Cuomo has spent much of the last two decades visiting troubled nations and the people who defend abused women, children and others.
He also said that the European Union, the African Union and other groups of countries should help with humanitarian aid and peacekeeping in troubled nations.
Instead of having huge devaluations like those suffered in Mexico under Mr. Zedillo, in Indonesia under Mr. Suharto or in Poland under Mr. Walesa, Europe's troubled nations need to raise competitiveness by reducing local costs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com