Supporters of the New Democracy conservative party celebrate at an election kiosk at Syntagma square in Athens, Sunday, June 17, 2012. The pro-bailout New Democracy party came in first Sunday in Greece's national election, and its leader has proposed forming a pro-euro coalition government.(AP Photo/Kostas Tsironis)
Supporters of the New Democracy conservative party celebrate at an election kiosk at Syntagma square in Athens, Sunday, June 17, 2012. The pro-bailout New Democracy party came in first Sunday in Greece's national election, and its leader has proposed forming a pro-euro coalition government.(AP Photo/Kostas Tsironis)
Brokers work as an image of the Euro 2012 soccer tournament appears on a screen at the Stock Exchange in Madrid Monday June 18, 2012. Spanish markets breathed a sigh of relief Monday with stocks opening higher and the country's borrowing costs dipping slightly after pro-bailout parties won the elections in Greece. Spain is a focus of fears it might be the next eurozone country to need a full bailout. The government is to announce this week how much of a euro100 billion fund it will tap to rescue banks that got burned when a real estate bubble popped. (AP Photo/Paul White)
Leader of the New Democracy conservative party Antonis Samaras, speaks to supporters at an election kiosk at Syntagma square in Athens, Sunday, June 17, 2012. The pro-bailout New Democracy party came in first Sunday in Greece's national election, and its leader has proposed forming a pro-euro coalition government.(AP Photo/Kostas Tsironis)
Radical Left party (SYRIZA) leader Alexis Tsipras waves to his supporters in front of Athens' university, Sunday, June 17, 2012. Alexis Tsipras and his party shot to prominence in the May 6 vote, where he came a surprise second and quadrupled his support since the 2009 election. Syriza party has vowed to rip up Greece's bailout agreements and repeal the austerity measures, which have included deep spending cuts on everything from health care to education and infrastructure, as well as tax hikes and reductions of salaries and pensions.(AP Photo/Petros Karadjias)
ATHENS, Greece (AP) ? German Chancellor Angela Merkel is insisting that Greece must implement the reforms it agreed to in exchange for rescue loans from international creditors.
German news agency dapd reports that Merkel said at the Group of 20 summit in Mexico that "no departures can be made from the reform measures."
She added that "we have to count on Greece sticking to its commitments."
Stocks in Europe fell Monday after Merkel's comment. Markets are widely expecting that Greece will get more time to make budget cuts to avoid an aid cutoff that could see it leave the euro.
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