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17 June 2012

Eurogroup statement after Greek elections


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The Eurogroup acknowledges the considerable efforts already made by the Greek citizens, and is convinced that continued fiscal and structural reforms are Greece's best guarantee of overcoming the current economic and social challenges and achieving a more prosperous future in the euro area.


The Eurogroup takes note of the provisional results of the Greek elections on 17th June, which should allow for the formation of a government that will carry the support of the electorate to bring Greece back on a path of sustainable growth.

The Eurogroup reiterates its commitment to assist Greece in its adjustment effort in order to address the many challenges the economy is facing.

The Eurogroup therefore looks forward to the swift formation of a new Greek government that will take ownership of the adjustment programme to which Greece and the Eurogroup earlier this year committed themselves.

The Eurogroup expects the Troika institutions to return to Athens as soon as a new government is in place to exchange views with the new government on the way forward and prepare the first review under the second adjustment programme.

Press release



© European Council


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