TNBiz (TNBiz)
Markets  |  May 07, 2012 12:55:16

Greece must adhere to the terms agreed under the rescue program, sound from Germany


BERLIN (MEDIAFAX) - Greece must hold according to the German government reforms that have been agreed as part of an international rescue package with its international creditors. Informed about it on Monday, AFP and Reuters.

"These agreements must be observed. They are the best way to Greece," he said at a regular press conference, Steffen Seibert, a spokesman for German Chancellor Angela Merkel.

"We believe that this course will lead to a situation where Greece will get back to competitiveness and financial stability. It is necessary to follow this course and we will support Greece in this respect, regardless of his government," added Seibert, with the Germany is committed to solidarity with Greece, but will only work with the democratic parties.

Siebert was reacting to the results of weekend elections in Greece. Because voters have made clear their opposition to the austerity measures when significantly reduced government support pro-European parties, which have not received the necessary majority to form a new government. Policies that protect Greece from complete bankruptcy and leave the area, so this election fiasco pro-European parties focused heavily compromised.

Tomáš Králíček, kralicek@mediafax.cz

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