Barroso: Confident that final decisions will be taken Wednesday at new EU summit - The Best from Greece

Brussels (AMNA/V. Demiris) -- A sustainable solution for Greece is part of the overall package that will be finalised by the EU for dealing with the debt crisis at a follow-up EU summit on Wednesday, European Council president Herman van Rompuy and European Commission president Jose Manuel Barroso said late Sunday after EU and eurozone summits in Brussels.

 

"We welcome the vote by the Greek parliament on a new set of measures, as well as the decision by the Eurogroup to disburse the 6th tranche," Rompuy said, adding also that "we are working towards a solution with the private sector to improve sustainability as part of a new programme for Greece."

 

Barroso, in statements after the summits, formally announced "the agreement to disburse the European contribution to the next (6th) tranche of financial assistance to Greece", adding that a determined commitment for achievement of fiscal stability and promotion of the structural changes was awaited on the part of the Greek authorities.

 

He further said that the second programme for Greece was being formulated with the credible participation of the public and the private sector, and on the basis of the troika report on the sustainability of the Greek debt.

 

The Commission president also expressed confidence that final decisions on all the elements of the comprehensive response will be taken on Wednesday.

 

"We expect final decisions to be taken in 72 hours (Wednesday) and I am confident these decisions are going to be taken," Barroso said.