European Commissioner for Internal Market and Services said that Greece took the right decision to enter the bailout mechanism of European Union and International Monetary Fund.
However, Michel Barnier (photo), stated that Greek economy is in a state of emergency, “but there are good reasons to hope for a better future”.
The Commissioner also praised Greek Prime Minister, George Papandreou, for his determination in implementing the measures required. “Greece’s sacrifices are not pointless”, he added.
Regarding Greek Minister of Finance, Barnier said that Giorgos Papakonstantinou has to deal with a difficult task and honors his position with the responsibility that he shows.
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