FRANKFURT (MNI) – Following is the text of the statement issued by
the European Central Bank on Tuesday following the meeting at the ECB of
Greek Prime Minister Antonis Samaras and ECB President Mario Draghi:

“Today, Antonis Samaras, Prime Minister of the Hellenic Republic,
visited the European Central Bank (ECB). He was accompanied by Giannis
Stournaras, Minister for Finance, Christos Staikouras, Alternate
Minister for Finance, and other members of his staff.

During his visit, the Prime Minister and his delegation met with
Mario Draghi, President of the ECB, Joerg Asmussen, Member of the ECB’s
Executive Board, Benoit Coeure, Member of the ECB’s Executive Board, and
ECB staff to discuss matters of mutual interest.

The main topic of discussion was the state of affairs regarding
Greece’s economic adjustment programme, the ongoing review conducted by
staff of the European Commission, in liaison with the ECB and the IMF,
and developments in the Greek banking sector.

Both parties agreed that Greece has already taken significant steps
towards budgetary consolidation and economic modernisation but that
major challenges remain. The Prime Minister assured the ECB delegation
of his and his Government’s commitment to getting the adjustment
programme back on track and continuing the necessary reforms for Greece
to regain competitiveness and put its economy and public finances on a
solid footing.”

–Frankfurt bureau tel.: +49-69-720142. Email: frankfurt@mni-news.com

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