Prime Minister George Papandreou on Thursday urged European Union leaders to stabilize the euro while the cash-strapped country determines to continue a program to cut its ballooning budget deficit. 'Today's challenges are European ones,' Papandreous said after arriving for the two-day EU leaders' summit in Brussels. 'It is a European one to make sure we fortify the eurozone, we strengthen the euro currency and we stabilize the euro currency in the EU.' He also said Greece will continue with efforts to cut its public deficit, saying the country is 'on the positive track.' 'Whatever the decision taken today, Greece will move ahead in a positive manner and in the right direction,' he said. Papandreous urged EU leaders last Thursday to approve a clear bailout plan for his country at thes summit, saying it would thwart speculation on the market and help the country refinance its debt at reasonable interest rates. 