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Greek commitment to austerity "critical," EU's Barroso says

Other News Materials 17 June 2011 16:52 (UTC +04:00)
Greece needs to show commitment to the extra austerity measures it has been asked to adopt in return for international financial aid, the head of the European Union's executive said Friday.
Greek commitment to austerity "critical," EU's Barroso says

Greece needs to show commitment to the extra austerity measures it has been asked to adopt in return for international financial aid, the head of the European Union's executive said Friday.

"The first condition towards success when we speak about support to Greece is that Greece wants that support and that Greece is able to deliver on its part," European Commission President Jose Manuel Barroso said in Brussels, DPA reported.

"It is critically important that the signals coming from Greece are clear about that," he added.

Barroso's warning came after Greek Prime Minister George Papandreou announced a government reshuffle, designed to bolster political backing for Athens' budget consolidation measures. Earlier this week, he failed to win support from the conservative opposition.

"I am confident that the leaders in Greece and Europe will rise to the challenge and act with responsibility," Barroso said.

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