Statement by José Manuel Barroso on the situation in Greece
José Manuel Barroso, President of the EC, made a statement on the situation in Greece at the end of his joint press conference with Manmohan Singh, Indian Prime Minister, and Herman van Rompuy, President of the European Council, for the 12th EU/India Summit.
The President highlighted they were in the final stages of agreeing on a second financial assistance programme for Greece and informed the Indian Prime Minister on the recent developments in this area. The EU had an agreement at staff level between the Troika (the EC, the European Central bank (ECB) and the International Monetary Fund (IMF)) and the Greek authorities. Additional discussions were taking place to clarify some points of disagreement between the Ministers of the Eurogroup. The President was confident that a solution will be reached the week after.