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Papandreou Optimistic Following EU Summit

Greek Prime Minister George Papandreou comments on European Union leaders’ approval of a permanent debt-crisis mechanism for euro-area countries starting in 2013.
Papandreou spoke to reporters today in Brussels after the EU summit, which also affirmed March 11 decisions to ease the terms of emergency aid that Greece received in return for budget cuts and to bolster the role of the temporary European Financial Stability Facility.
“The message is that the European Union is committed to support the euro zone and the euro zone’s countries by any means. This is a very strong commitment.”
“We made big sacrifices. The efforts are today recognized by all European partners. The efforts have delivered results.”
“We need time, but we are committed to put Greece on a new path, on a modern path.”

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