EU urges Greek government to fulfil commitments on debt crisis
November 11th, 2011 - 12:57 am ICT by IANSBrussels, Nov 10 (IANS) Leaders of the European Union (EU) Thursday urged the Greek unity government to fulfil the country’s commitments to get itself out of the debt crisis.
“The agreement to form a government of national unity opens a new chapter for Greece,” said a statement by European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso, Xinhua reported.
Lucas Papademos, an economist and former vice president of the European Central Bank, was Thursday appointed to head Greece’s coalition government, ending days of political deadlock in the country.
The appointment came after a dramatic and tumultuous week for Greece where then prime minister George Papandreou had first announced and then dropped a plan for a referendum on the bailout deal offered by the EU, forcing him to resign.
“It is important for Greece’s new government to send a strong cross-party message of reassurance to its European partners that it is committed to doing what it takes to set its debt on a steady downward path,” said the statement.
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Tags: bailout, coalition government, council president, debt crisis, downward path, european commission president, european commission president jose manuel barroso, european partners, former vice president, george papandreou, greek government, greek unity, herman van rompuy, jose manuel barroso, national unity, new chapter, party message, political deadlock, unity government, xinhua