Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-15-Speech-2-119"
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"en.20091215.13.2-119"2
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"I was very reassured by yesterday’s commitment by Prime Minister Papandreou to cut public deficits and reduce the Government’s debt through permanent expenditure cuts and revenue increases. We believe the current budget for 2010 that is now being discussed in the Greek Parliament and Prime Minister Papandreou’s statements are steps in the right direction. I have been following the situation very closely with this government and with the previous government, namely the question of public finances.
We were also very impressed by the candid presentation made by the Prime Minister of Greece in the last European Council. He is fully aware of the problem and he has shown us his determination to address it. Greece will submit to the Commission in the course of January an updated stability programme, as foreseen in the Stability and Growth Pact. I trust that this programme will include concrete measures to strengthen fiscal adjustment in 2010 and to ensure lasting consolidation of public finances. Naturally, the Commission will continue to monitor very closely the macroeconomic and fiscal situation and the implementation of the measures in Greece.
Having said this, I do not consider it appropriate at this stage to elaborate on possible scenarios. We believe that Greece is now taking appropriate measures and that we should support Greece in the enforcement of those measures."@en1
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