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MEMO/11/472

Brussels, 29 June 2011

Joint statement by President Barroso and President Van Rompuy following the vote in the Greek Parliament on the revised economic programme

With today's approval by the Greek Parliament of the revised economic programme, the country has taken an important step forward along the necessary path of fiscal consolidation and growth-enhancing structural reform. But it has also taken a vital step back – from the very grave scenario of default. This was a vote of national responsibility.

Tomorrow, the eyes of Europe will again be turned towards Athens as parliamentarians are called upon to approve the implementing measures for the programme. A second positive vote would pave the way for the Eurogroup to take a decision this Sunday on the disbursement of the next tranche of financial assistance. It would also allow for work to proceed rapidly on a second package of financial assistance, enabling the country to move forward and restoring hope to the Greek people.


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