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Published on September 16, 2011
Stability of the Euro Area/telephone conference between Nicolas Sarkozy, President of the Republic, Angela Merkel, Chancellor of Germany, and George Papandreou, Prime Minister of Greece – Communiqué issued by the Presidency of the Republic

Paris, September 14 , 2011

President Sarkozy and Chancellor Angela Merkel today had talks with Prime Minister George Papandreou.

President Sarkozy and the Chancellor stressed that it is more essential than ever to implement fully the decisions approved by the Euro Area heads of state and government on 21 July to guarantee Euro Area stability.

They told the Greek Prime Minister of the importance of the strict and effective implementation of the programme to get the Greek economy back on its feet, supported by the Euro Area countries and the IMF, which is a condition for the release of future tranches of the programme. The Greek Prime Minister confirmed his government’s absolute determination to take all necessary measures to implement all the commitments made.

President Sarkozy and the Chancellor are convinced Greece’s future lies in the Euro Area. The implementation of the commitments in the programme is essential to ensuring the Greek economy can get back onto the path of sustainable, stable growth. The success of Greece’s recovery plan will strengthen the Euro Area’s stability./.

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