Vote in the Greek Parliament on the Revised Economic Program: Joint Statement by President of the European Council Herman Van Rompuy and President of the European Commission Jose Manuel Barroso

News provided by

Delegation of the European Union to the United States

Jun 29, 2011, 10:48 ET

WASHINGTON, June 29, 2011 /PRNewswire-USNewswire/ -- With today's approval by the Greek Parliament of the revised economic program, 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 program. A second positive vote will pave the way for 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.

www.eurunion.org & www.twitter.com/EUintheUS

SOURCE Delegation of the European Union to the United States