- CNTV English - CCTV News

Homepage > News > Biz >

Greek PM says Greece can overcome economic crisis

09-04-2010 08:34 BJT

ATHENS, Sept. 3 (Xinhua) -- Greece will manage to overcome the crisis, Greek Prime Minister George Papandreou stressed on Friday, sending a message of hope to Greek people who suffer from a severe economic crisis this year.

"Can we win this battle? Yes, we can," said Papandreou, addressing a gathering of the National Council of the ruling socialist PASOK party on the 36th anniversary of its foundation by his late father Andreas Papandreou who also served as Premier in Greece.

Answering to criticism even by members of PASOK regarding the harsh austerity measures implemented over the past few months, Papandreou stressed that the cutbacks on salaries of civil workers, pensions and raises in taxes were introduced to save Greece from bankruptcy.

The measures were not enforced to Athens by European Union and the International Monetary Fund who financially support the country since this May to face the debt crisis, reduce an enormous debt deficit over a three-year period and return to the path of economic growth, added Papandreou.

His government proceeded to difficult changes in order to ensure a better future for next generations, he said, reminding people of the positive reforms made since October 2009, when PASOK won the general elections.

Recapping his government's first year in power, Papandreou said that restored the country's credibility abroad, and dared revolutionary reforms of the taxation and pension systems, as well as the restructure of central and local governments to slash public expenses.

Pledging to rebuild a country, where social justice would prevail and widespread provocative tax evasion would no longer exist, Papandreou stressed that his government will support the weakest groups of Greek society, starting from low income pensioners.

The Greek premier is expected to release more details on the government's planned policy to achieve this goal during his opening speech at the Thessaloniki International Fair in northern Greece on September 11.

During Friday's address Papandreou also stated that the upcoming November local and regional elections are seen as a barometer of Greek people's feelings for the effort undertaken to solve the structural problems of Greek economy, as a referendum on the agreement with European partners and International Monetary Fund to receive aid in exchange of tough reforms.

"We give this battle all together. Every day, every moment. Despite difficulties, we do not stop. We move forward, facing the future with optimism and hope," said Papandreou, stressing that the dilemma "we change or we sink" remains a historical reality for Greece.

"The international community expected our default. We proved them wrong. We can turn the crisis into an opportunity. We can make it," concluded Papandreou, calling on all Greeks, especially youth to support the government's choices.


Editor:Zhang Pengfei |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program