Jean-Claude Trichet: The countries of the euro area have just echoed the commitment made by the Heads of State or Government with regard to taking determined and coordinated action, should it prove necessary, to safeguard the stability of the euro area.
One thing I see from the Greek crisis – and this is of fundamental importance – is that nobody is now questioning the principles of the Stability and Growth Pact. On the contrary, those principles have been robustly reaffirmed. The Greek government has just adopted a series of very significant, necessary, convincing and bold measures.