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Barroso: "critically important" that Greece stays in euro

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European Commission President Jose Manuel Barroso on Thursday urged Europe to support Greece in its efforts to overcome the debt crisis, saying that it was "critically important" that Greece stays in the euro.

“To have Greece in the euro I think is critically important, not only for Greece but also for the euro area,” he said during a conference organised by the 'Friends of Europe' think tank.

He strongly praised Greece's budget-cutting efforts, saying that its achievements in budgetary adjustment were of a "historic nature" but not always recognised. “We should support Greece,” Barroso said, “provided Greece now respects all the commitments.”

SOURCE: ATHENS NEWS AGENCY

Last Updated Friday, 12 October 2012
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