SYDNEY (MarketWatch)
The European Commission released a statement late Sunday
amid strong signals that Greece's election will result in a pro-austerity,
pro-euro government
"The Greek people have spoken
We fully respect their
democratic choice
We are hopeful that the election results will allow a
government to be formed quickly," said Presidents Jose Manuel Barroso and Herman
Van Rompuy
"We will continue to stand by Greece as a member of the EU family
and of the euro area," the statement said
"The second economic adjustment
program agreed between Greece and the Eurogroup is the basis upon which to build
[and] foster growth, prosperity and jobs for the Greek people
We stand ready to
continue assisting Greece in achieving these goal."
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