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Statement By President Van Rompuy Following The Eurogroup Agreement On Greece

Date 02/05/2010

"I welcome the agreement reached by the finance ministers of the Eurogroup on the adjustment programme that was negotiated by the Commission, the ECB and the IMF with the Greek government, as well as on the financial support to Greece that will be necessary to ensure the financial stability of the Euro area.

I am convinced that this sound and ambitious programme will enable Greece to put right its economic and financial situation as well as its competitiveness.

On the basis of this evening's agreement, a number of parliamentary procedures must be followed at national level in the next few days.

On this basis, I will convene the heads of state and government of the Euro area for a meeting on the evening of 7 May in order to conclude the whole process and to draw the first conclusions of this crisis for the governance of the Euro area."