Greek PM sees light at end of tunnel for Greece

A “large silent majority” of Greeks are ready to do whatever it takes to keep the debt-wracked nation in the eurozone, Prime Minister Lucas Papademos said in an interview with the Financial Times published on Monday.

Papademos, who is the head of the country's two-party coalition, told the newspaper he was optimistic that the country would avoid another debt restructuring while expressing confidence there was light at the end of the tunnel for Greece.

“I am convinced that we are more than halfway along the path to economic recovery -- although the fiscal consolidation process will last longer,” he told the newspaper. “Positive growth rates should be achieved within less than two years,” he said.

Papademos was expected to meet on Monday with PASOK's newly-crowned president Evangelos Venizelos, who is also his Finance Minister. There has been speculation that Papademos will take over the post, following the example of his Italian counterpart, Mario Monti. 

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