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Statement by Olli Rehn on Greece


At a press conference on 24 March 2010 in Brussels, Olli Rehn, Member of the EC in charge of Economic and Monetary Affairs, made a statement on Greece. He said that the Commission encourages the euro area Member States to take a political decision on a mechanism to ensure financial stability in the euro area as a whole. He added that the Commission is ready to put in place such a European framework for coordinated and conditional assistance which could be used if needed and if requested. EU Heads of State or Government will hold a two-day summit in Brussels on 25-26 March 2010, amid divisions about whether to give Greece money or send the country to the International Monetary Fund.

Type: EbS   Reference: 68807   Date: 24/03/2010   Duration: 00:03:31
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