Germany and France pledge to support Greece

Germany and France pledged Monday to do whatever was needed to keep Greece in the eurozone, as political turmoil in the debt-wracked country threatens to force it out of the club.

“We agreed that we have to do everything to keep Greece in the euro club,” Schaeuble told a joint press conference.

“We both believe that Greece has its place in the eurozone,” Moscovici said, adding that “the commitments undertaken had to be respected” in reference to reforms demanded in return for huge bailout packages.

Europe has to support investment and economic growth in Greece “at a time when it is going through a violent recession,” the French minister added.

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