Clinton Backs Greek Economic Recovery Plan

Posted July 17th, 2011 at 9:00 am (UTC-5)
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U.S. Secretary of State Hillary Clinton says the United States “unequivocally” supports Greece's economic recovery plan to battle its debt crisis.

Clinton said in Athens Sunday that that United States strongly backs the Greek government's determination to make the necessary reforms to put the country on sound financial footing.

After meeting with Greek Foreign Minister Stavros Lambrinidis, Clinton acknowledged the reforms are strong medicine, but said the United States has complete confidence in them.

Lambrinidis said that while many people on both sides of the Atlantic have “bet on the collapse of Greece,” the current government will prove them wrong.

Greece is preparing for an emergency summit on Thursday in Brussels, where the leaders of the 17 Eurozone countries will attempt to forge a deal on a second bailout for the nation.

The Greek government led by Prime Minister George Papandreou has implemented austerity measures aimed at securing additional European and international rescue loans.

Clinton's talks with top Greek officials also focused on Middle East political turmoil, Balkans stability, Greek-Turkish relations, and Cyprus.

Before ending her tour of Turkey Saturday, Clinton offered her support to Turkish calls for a resolution of the long-running dispute between Ankara and Athens over Cyprus.

Turkey does not recognize the Greek Cypriot government, and has sided with the Turkish Cypriot north in the 36-year standoff that has divided the Mediterranean island-nation. Ongoing reconciliation talks begun in 2008 between the Turkish north and the Greek south have so far failed to produce a settlement.

The secretary is scheduled to leave for India Monday.