Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-09-Speech-2-246"
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"en.20100309.21.2-246"2
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"Regarding the situation of Greece, we believe that Greece has taken the necessary steps to reduce the government deficit this year. These measures show the determination of the Greek Government to tackle their structural problems.
At the same time, we are doing what is required to secure the financial stability of the euro area as a whole. The Commission has been actively working with euro area Member States to design a mechanism which Greece could use in case of need. Such a mechanism would conform with the current Lisbon Treaty, in particular, with the ‘no bail-out’ clause. It would include stringent conditionality.
The Commission is ready to propose a European framework for coordinated assistance which would require the support of euro area Member States. This is what I can tell you about Greece and about our response for euro area stability.
Regarding the EU 2020 proposals, we do not see any need to change them. We have put those proposals forward. They are now going to be discussed by the European Council and Parliament, and we hope this will be a very fruitful discussion."@en1
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