“There is no specific date for our exit from the crisis”
16.04.2011
14:30
During his speech at the PASOK cabinet meeting, George Papandreou made a detailed review of the governmental plans and said they removed the threat of bankruptcy.
“There is no specific date for our exit from the crisis”, said the PM during his speech at the PASOK cabinet meeting, stressing that it might appear within 2012.
George Papandreou made a detailed review of the governmental plans and said they removed the threat of bankruptcy, but added that “we cannot hide the truth, we are in intensive care”.
“If needs be, we will make structural changes, as long as we stay on our course”, he said right after.
The PM referred to the variations in the deficit and said that this translates into the achievement of full transparency, while showing the difficulties and the feats performed by the government, noting that the debt almost doubled during the
the Karamanlis administration.
Regarding the restructuring of our debt, he said that “we know how to manage our debt and will not become the markets’ guinea pigs”.
He concluded that the government is changing the direction of the country’s growth, putting in place the use of public property, while at the same time creating as much employment as possible.
George Papandreou made a detailed review of the governmental plans and said they removed the threat of bankruptcy, but added that “we cannot hide the truth, we are in intensive care”.
“If needs be, we will make structural changes, as long as we stay on our course”, he said right after.
The PM referred to the variations in the deficit and said that this translates into the achievement of full transparency, while showing the difficulties and the feats performed by the government, noting that the debt almost doubled during the
the Karamanlis administration.
Regarding the restructuring of our debt, he said that “we know how to manage our debt and will not become the markets’ guinea pigs”.
He concluded that the government is changing the direction of the country’s growth, putting in place the use of public property, while at the same time creating as much employment as possible.
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