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PM Papandreou speaks on phone with Rompuy

08. August 2011. | 07:18

Source: AMNA

Press reports said that on Monday Papandreou will have also a series of discussions with other European officials as well.

Press reports said that on Monday Papandreou will have also a series of discussions with other European officials as well.

During the talks with President of the European Council Herman Van Rompuy, the issue of a possible intervention by the European Central Bank (ECB) regarding the Italian bonds, was discussed.

Papandreou remained to his position as noted in his letter to EU Commission President Jose Manuel Barroso last Friday, that implementation of the July 21 eurozone summit decisions is imperative and must be done promptly and effectively and on how markets are expected to react.

According to reports, the Greek side is monitoring with great interest the relevant developments without, however, having any concerns as regards the implementation of the eurozone summit decisions for the country, as an ECB intervention is very likely, as well as the taking of new decisions in order to tackle new problems. (AMNA)


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08. August - 14. August 2011.