Greek Prime Minister George Papandreou has expressed his conviction that Greece would exit successfully from the current economic crisis and would become more competitive through structural reforms that are being implemented in the country.
In an interview with CNN on the sidelines of the World Economic Forum, Papandreou also noted: “We are changing Greece for the better. We are making a better country. More competitive.”
He also ruled out a possible restructuring of the country’s debt.
“A restructuring of the existing debt is out of the question. It is not part of our plans,” he also underlined.
Regarding the eurozone, the Greek premier said that member-states “should demonstrate fiscal responsibility…and if we have great debts or deficits we must handle them.”
As regards Greece, Papandreou said, “we are achieving targets, and sometimes we exceed them. We have decreased the deficit by a clear six per cent, which is a great, a spectacular decrease.”
Source: ANA
