NEWS

EU urges Greece to form gov’t quickly

European Union leaders urged Greek parties on Sunday to quickly agree the formation of a coalition government and pledged to continue to support Athens? efforts to deal with its debt crisis.

?We are hopeful that the election results will allow a government to be formed quickly,? said the presidents of the European Council and the European Commission, Herman Van Rompuy and Jose Manuel Barroso, in a joint statement.

?We will continue to stand by Greece as a member of the EU family and of the euro area,? they added, in a statement issued in the Mexican town of Los Cabos on the eve of the G20 summit of the world?s leading economic powers.

?We look forward to working with the new government and to support the continued efforts of Greece to put its economy on a sustainable path,? it said.

?The second economic adjustment program agreed between Greece and the Eurogroup is the basis upon which to build to foster growth, prosperity and jobs for the Greek people,? the statement added.

?We stand ready to continue assisting Greece in achieving these goals.? The two main Greek parties committed to honoring the terms of their country?s European debt bailout package clinched enough votes in Sunday?s legislative election to form a government of national unity. [AFP]

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