If We Were Going To Default, We Would Have Decided That Many Months Ago. It Would Be Wrong For The Greek Economy, It Would Be Wrong For The European Economy, It Would Make Things Worse In The End. That's Why We're Taking The Pain And Making These Structural Reforms, And We're On Target.

-George Papandreou

Please Wait....
Translating....

If We Were Going To Default, We

George Papandreou

If We Were Going To Default, We Would Have Decided That Many Months Ago. It Would Be Wrong For The Greek Economy, It Would Be Wrong For The European Economy, It Would Make Things Worse In The End. That's Why We're Taking The Pain And Making These Structural Reforms, And We're On Target.

Topic

Pain

Greek

Reform

Greece Has Given Europe The Opportunity To Fix A Defect In The Euro Zone, That Is The Fact That We Did Not Have A Fiscal Union. Now Steps Have Been Taken To Begin That Process. And There Is More Solidarity From Nation To Nation, And That Is A Good Thing. That Has Been Greece's Gift To Europe.

Taken

Opportunity

Europe