• Euro zone will take action to safeguard stability of the euro zone if needed
  • Euro zone, with IMF, has all instruments needed for that
  • Welcomes Portugal’s commitment to cut deficit to 4.6% of GDP
  • Ministers call on Portugal to spell out reforms better
  • Ministers have faith Portugal will push through budget, stick to targets
  • Greece “generally” on the right path; needs to be more specific on 2011 budget measures