|Date: 14/05/2012 Time: 10:11:00 PM
Finance ministers of the 17-member Eurozone
began here a meeting this evening to discuss the Greek situation and measures
to ensure the stability of the euro.
Elections in Greece on May 6 saw the victory of parties opposed to
austerity measures and bail out agreements with the EU.
European Union officials insist that Athens must deliver budget cuts if its
wants to continue receiving finncial assistance to overcome its debt crisis.
Michael Noonan, Irish Minister for Finance, told reporters as he arrived
for the meeting that "I would like Greece to stay in the Euro. I think it is
very important that the Euro zone stays intact".
Luc Frieden, Minister for Finance of Luxembourg, said "I have full
confidence that the reasonable Greek parties and the Greek people know that
this financial system is linked with a certain number of conditions that they
have to fulfil".
"We have an agreement with the Hellenic Republic (Greece), not with one
political party. So, I am confident that also the next government will fully
comply with this. Otherwise, we could not give further financial assistance,"