The EU will help twice-bailed out Greece "in whatever way necessary," the bloc's top economics official said Thursday, as stocks plunged across Europe on fears of a return of the eurozone debt crisis.
The statement from Brussels Economic Affairs Commissioner Jyrki Katainen came as investors were spooked for a second day about Athens terminating its international bailout plan.
"There should be no doubt that Europe will continue to assist Greece in whatever way is necessary to ensure reasonable financing conditions for the Greek state," said Katainen's statement, read out by Commission spokesman Simon O'Connor.
The EU would "support Greece in reassuring lenders and financial markets of the ongoing firm commitment to reform and to the maintenance of budgetary targets," the statement said.
Earlier the Greek central bank said the ECB would throw Greek banks an extra cash lifeline if the government sticks to its international bailout programme.
At the height of the crisis, the Commission and key EU partners countries such as Germany, were blamed for stoking the crisis by leaving doubt that Greece had the bloc's full backing.
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