Tuesday, August 31, 2010
- PM Interview: 'There Is Real Danger in Global Austerity'
"The country is earning a new credibility after its debt crisis," stressed Prime Minister George Papandreou in an interview to "The Christian Science Monitor" (August 10).
"It is wrong to assume that a small country like Greece — which represents just 2% of Europe’s GDP — could be responsible for "undoing the confidence of a unified Europe."
Read more: "There is real danger in global austerity"
- Olli Rehn’s Op-ed on Greek Economy
"The Commission's first review of [Greece’s fiscal adjustment] program's implementation shows that, so far, Athens has proved the doubters wrong.
Greece's ambitious and front-loaded adjustment program is on track to deliver a return to macroeconomic and financial stability, and stronger and more balanced growth in the medium-term" wrote Olli Rehn, European Commissioner for economic and monetary affairs, in an op-ed titled "Greek Renaissance," published in Wall Street Journal, on August 24.
