27/07/2012 14:26
Greece remains in Euro zone
European Commission President Jose Manuel Barroso called on Greece Thursday to implement its delayed reform program, but reaffirmed the country's place inside the euro zone.
In his remarks, Barroso said he saw a new willingness in Greece's three-party coalition government to implement the country's reform agenda that has been mandated under the terms of its latest European-led 173 billion euro ($210.32 billion) bailout.
"To maintain the trust of European and international partners, delays must end. Words are not enough, actions are much more important than words," he added. "Greece is part of the euro area and we intend to keep it that way. All the heads of state of the euro area have stated that Greece should stay in the euro as long as commitments are honored," he has noted.