Bloomberg News

Papandreou Says July Pact Is of Vital Signifcance for Greece

September 29, 2011

Sept. 29 (Bloomberg) -- Greek Prime Minister George Papandreou said his talks this week with German Chancellor Angela Merkel and Finance Minister Evangelos Venizelos’s meetings with International Monetary Fund officials in Washington showed there is will to resolve the euro area’s debt crisis.

Papandreou said decisions made at a European Union summit on July 21 are of “vital” importance for Greece, which plans to fully honor all commitments made for financing and implement reforms. He spoke at a Cabinet meeting today, according to an e- mailed transcript from his Athens office.

To contact the reporter on this story: Natalie Weeks in Athens at nweeks2@bloomberg.net

To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net


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