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Generally, Europe is satisfied with the decision of the summit. The head of the European Council, Herman Van Rompuy, the European Commission President Jose Manuel Barroso, the French President Nicolas Sarkozy and the German Chancellor Angela Merkel expressed their positive attitude to the developments. After the meeting, Rompuy stated that the decision would ensure the sustainability of the Greek debt. Barroso noted that the euro zone leaders pledged to finalize the terms of the new loan agreement for Greece by the end of 2011. Furthermore, he urged Greece to continue the fiscal consolidation efforts and the structural changes that would help growth. The French President Sarkozy said that the aim of France was to avoid the tragedy in the case of Greece and welcomed the fact that ultimately the collapse was avoided.