Greek Prime Minister Giorgos Papandreou expressed strong optimism for his country’s chances of getting an economic bail-out from other eurozone countries.
“The gun will be loaded now,” he told Greek newspaper To Vima in an interview published Sunday morning, comparing the planned bail-out to a weapon that can be brandished to shore up the country’s troubled economy.
Posts Tagged ‘papandreou’
Greece’s Papandreou optimistic before meeting on bail-out
April 11th, 2010 |
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Papandreou to seek support for Greek crisis
March 5th, 2010 |
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Thursday saw protests on the streets of Athens. Police clashed with demonstrators, unhappy with the details of austerity plans announced by the government. The EUR 4.8bn euro package will come in the form of wage cuts, a freeze on pensions and tax increases. The tough measures are needed to keep Greece in the eurozone, by cutting its budget deficit – especially if no bailout is forthcoming.
Tadić, Papandreou on W. Balkans initiative
November 11th, 2009 |
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Serbian President Boris Tadić conferred Tuesday in Athens with Greek Prime Minister George Papandreou. Tadić thanked him for his initiative for the Western Balkan countries’ integration in the European Union by 2014, his office said.