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Reactions of Eurozone Finance Ministers on Greek deal

02-22-2012 10:51 BJT

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After the marathon overnight meeting, the ECB President and eurozone finance ministers applauded the outcome. They said the agreement paved the way for Greece to restore growth and stability.

President of ECB, Mario Draghi said:" We certainly welcome first and foremost the commitment of the Greek government to undertake the actions to restore growth and stability. "

Greek Finance Minister Evangelos Venizelos, left, gestures while speaking with
European Central Bank President Mario Draghi, second right, during a round table
meeting of eurozone finance ministers at the EU Council building in Brussels
on Monday, Feb. 20, 2012.

Meanwhile, Belgian Finance Minister Steven Vanackere said:" I am very glad that we have come to an agreement, I think that everybody understands that it was the moment of truth."

French Finance Minister said:" It's a very good agreement because we stay in the mandate given by the heads of states and of governments.The agreement shares the burden between the European part and the Greek part. We have reached the target and went even further than expected."

(L-R) Spain's Economy Minister Luis de Guindos, Belgium's Finance Minister
Steven Vanackere and Britain's Chancellor of the Exchequer George Osborne
attend an EU finance ministers meeting in Brussels February 21, 2012.

Also German Finance Minister Wolfgang Shaeuble said:" All together I think this is an outcome that we can take the responsibility for. It sets out the conditions, if the debt swap of private creditors is successful, so that Greece can come back on a sustainable path to economic recovery."

Dutch Finance Minister, Jan Kees De Jager said:" The decisions that came out of this meeting are good. But I know they will be very painful for the Greek people. They have to go through it though in order to get out of the crisis."

 

Editor:Bai Yang |Source: CNTV.CN

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