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Greece satisfied with EU summit results - premier

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Greece is satisfied with the recent EU summit, which resulted in stricter financial discipline for eurozone members, Greek Prime Minister Lucas Papademos said on Friday.

Greece is satisfied with the recent EU summit, which resulted in stricter financial discipline for eurozone members, Greek Prime Minister Lucas Papademos said on Friday.

The two-day summit resulted in an agreement for stricter economic policy and fiscal discipline, signed by the 17 eurozone states and six other European Union members (Poland, Romania, Denmark, Lithuania, Latvia and Estonia).

"Today's summit decisions are a big step towards budget coordination and unification within the eurozone. By securing budget discipline we will in the future prevent uncontrolled deficits, which has led us to the crisis," the Greek premier said in his Twitter account.

He also said that eurozone leaders will make even more important decisions in the coming months.

Papademos said the October 26 agreement to write off part of Greece's debt and bailout support was "beyond doubt".

Greece, which found itself on the verge of default over excessive budget deficit and state debt, had to adopt a harsh austerity program in exchange for multibillion financial support from the European Union and the International Monetary Fund.

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