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Eurogroup says Greek recovery within eurozone serving its ambition

Xinhua, January 27, 2015 Adjust font size:

Eurogroup president Jeroen Dijsselbloem here on Monday said that the group was glad that the new Greek government's ambition is to realize economic recovery within the Eurozone, and that was exactly the group's ambition.

Dijsselbloem made the remarks at a press conference following the Eurogroup meeting, the first of such meeting in 2015.

"We will support them in their quest for economic recovery of Greece," he said, adding that the Eurogroup congratulated on the swearing in of Greek anti-bailout radical left SYRIZA party leader Alexis Tsipras as prime minister earlier on Monday.

"We look forward to working with them, the way we worked with the previous Greek government," he said.

However, he did not give more details about the future plan on Greek economy.

"We will need a little bit of patience and we also discussed this in the Eurogroup that we must allow the new Greek government to take their positions and give their points of view on how to move forward. Both in finalizing the pending review and any other further support from the Eurozone to Greece," he said.

Dijsselbloem said the Eurogroup had some time to come to this regarding Greece in the next Eurogroup meeting in February.

Concerning the economic situation in the euro area, he said to enhance growth potential required decisive action on the part of the member states through growth-friendly fiscal consolidation, respecting the Stability and Growth Pact, investment and growth-enhancing structural reforms.

According to Dijsselbloem, officials also discussed topics including Lithuania's euro changeover and fiscal surveillance issues at the Eurogroup meeting. Endit