Papandreou: "The sacrifices of the Greeks did not go to waste"
09.03.2012
18:47
“It is the first time that the debt is reduced, even drastically”, says George Papandreou. Papandreou believes that...
“It is the first time that the debt is reduced, even drastically”, says George Papandreou. Papandreou believes that “Greeks, with the maturity that they have shown and the sacrifices they have made, took upon themselves this project which relieves them of much of the debt load”.
“The sacrifices of the Greeks did not go to waste, as some wanted for their own reasons”, stated Mr. Papandreou.
“An unprecedented attempt not only for Greece but for the whole world, has been completed successfully.
The agreement with the private sector, called the PSI, was concluded with positive results for dealing with the debt, but also for the country's future and our children.
After an effort that lasted two years, the uncertainty surrounding the prospects of Greece was lifted. The sacrifices of the Greeks did not go to waste, as some wanted for their own reasons. Seriously and with dedication, we fought to implement the decisions of October 26th and 27th, which came after tough struggles in an adverse international environment. Now we have to defend this great achievement by demonstrating the seriousness and responsibility required to take the necessary steps to successfully complete the agreement on the new funding program.
The Greeks, with the maturity they have shown and the sacrifices they have made, took upon themselves a project that relieves them of much of the debt load. It is the first time that the debt is reduced, even drastically. To create the foundations for development, based on our comparative advantages. To enhance the credibility of the country and therefore the possibility of negotiating, and this is an important step in building a new, more attractive image of the country internationally, which can attract significant investment in sustainable and regional development.
Now it's up to us to defend what we have accomplished to date and change the country to build a better future on solid foundations.
“The sacrifices of the Greeks did not go to waste, as some wanted for their own reasons”, stated Mr. Papandreou.
“An unprecedented attempt not only for Greece but for the whole world, has been completed successfully.
The agreement with the private sector, called the PSI, was concluded with positive results for dealing with the debt, but also for the country's future and our children.
After an effort that lasted two years, the uncertainty surrounding the prospects of Greece was lifted. The sacrifices of the Greeks did not go to waste, as some wanted for their own reasons. Seriously and with dedication, we fought to implement the decisions of October 26th and 27th, which came after tough struggles in an adverse international environment. Now we have to defend this great achievement by demonstrating the seriousness and responsibility required to take the necessary steps to successfully complete the agreement on the new funding program.
The Greeks, with the maturity they have shown and the sacrifices they have made, took upon themselves a project that relieves them of much of the debt load. It is the first time that the debt is reduced, even drastically. To create the foundations for development, based on our comparative advantages. To enhance the credibility of the country and therefore the possibility of negotiating, and this is an important step in building a new, more attractive image of the country internationally, which can attract significant investment in sustainable and regional development.
Now it's up to us to defend what we have accomplished to date and change the country to build a better future on solid foundations.
The continuation of the changes the country needs is the best guarantee for the future. This effort cannot and must not be left unfinished. And we will fight with all our might to achieve this goal. Already, the results so far give us hope and optimism, as they open up new perspectives. "
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