Press Release: Statement by the Heads of State and Government of the Euro Area, Brussels, 25 March 2010

Euro area member states reaffirm their willingness to take determined and coordinated action, if needed, to safeguard financial stability in the euro area as a whole, as decided on 11 February 2010. As part of a package involving substantial International Monetary Fund financing and a majority of European financing, Euro area member states, are ready to contribute to coordinated bilateral loans.