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Greek Prime Minister: Repayment Of All Debts

2011/9/13 8:39:00 32

Greek Prime Minister Reimbursement

   Greece In September 11th, Prime Minister Papandreou refuted rumors that Greece would withdraw from the eurozone and default on its debt in the northern city of Santa onica, and said Greece would repay all debts.


Papandreou told reporters at the press conference that his government would make full use of structural reforms and strive to shake off the debt crisis and achieve economic stability and growth by 2013. He said that in the next two years, the Greek government will fulfill all commitments to reduce the deficit and promote economic growth.


He said: "Greece's withdrawal from the European common currency will lead to the euro zone." collapse ... We will not let Greece collapse, and will not make Greece a scapegoat for Europe. We will take all necessary measures to defend the decision of the euro zone summit this July 21st because it proposes a feasible solution to the Greek debt problem. "


In July 21st this year, the euro zone summit decided to provide Greece with a new loan of 109 billion euros. Greece has said that it will implement economic tightening and reform measures to increase taxes, reduce government expenditure and privatize state-owned enterprises. Because this year, the Greek government has failed to achieve its target in controlling the deficit and so on, it is facing pressure to intensify reform.


On the same day, the Greek Cabinet decided to adopt new economic austerity measures, including the increase in property taxes, at an informal cabinet meeting in the city of S. Papandreou said that if necessary, Greece will take further austerity and reform measures. "The message we want to send to the Germans and all the others is that we will repay all our debts," he said.


At the press conference that day, Papandreou excluded the possibility of a recent general election and a major coalition government with the main opposition party. He said that the government's top priority is to avoid the emergence of the country. Economics Collapse.
 

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