Ἴκαρος,

European leaders have ordered Greece to get its budget deficit under control and promised “determined” action to staunch the crisis in the euro currency.

EU President, Herman Van Rompuy told reporters in Brussels. “The Greek government will take the responsibility for cleaning up its public finances.”



Speaking after the summit, Greek PM, Papandreou said: “We have lost a part of our sovereignty because of this loss of credibility. We are determined to regain this lost credibility. We will do anything necessary.”