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 Read Quote
Markets themselves are looking for stability, and I think we have underestimated the capacity of Europe… to actually create a more stable framework for the whole issue of debt management, bonds, and so on. George Papandreou Read Quote
The real problem in Greece is not cutting taxes, it’s making sure that we don’t have tax evasion. George Papandreou Read Quote
If you put all the European countries together, we are the biggest economy in the world. George Papandreou Read Quote
Greece has great strengths, but much of this potential has been wasted. That’s because of a wider political system, but also because of a lack of an institutional framework. George Papandreou Read Quote
I think there is a heritage which I’m proud of, which is a fight for democracy, a fight for social justice, a fight for freedom. My grandfather went to jail or exile six times in his life, fighting for his principles for democracy, or for his country. And my father twice. George Papandreou Read Quote
The structures in Europe in a globalising economy need to be modernised, need to be more integrated, need to be stronger. George Papandreou Read Quote
The more there is a European solution to a theoretical, but possible, problem in the markets, the less we will have to talk about an I.M.F. solution. George Papandreou Read Quote
Despite the deep reforms we are making, traders and speculators have forced interest rates on Greek bonds to record highs. George Papandreou Read Quote
