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Politics: PM meets EU Commissioner Barnier in Athens

Δημοσίευση 14 Ιανουαρίου 2011, 10:49 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Politics: PM meets EU Commissioner Barnier in Athens
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Prime Minister George Papandreou on Thursday had a meeting in Athens with European Commissioner for the internal market and services Michel Barnier. Their talks centred on the economic crisis in Greece and what Barnier said was the courageous response of the Greek government and people to "an unprecedented shock that they faced".

Prime Minister George Papandreou on Thursday had a meeting in Athens with European Commissioner for the internal market and services Michel Barnier. Their talks centred on the economic crisis in Greece and what Barnier said was the courageous response of the Greek government and people to "an unprecedented shock that they faced".

"We were on the edge of the precipice but with great effort and the support of the EU we began an unprecedented effort that has brought results," Papandreou said.

Among the government's immediate priorities for the new year was to promote the major reforms that dealt with "inherent and chronic problems," the prime minister said.

 

He stressed that these reforms would have to be completed in order for Greece to become a modern country with a competitive economy and a state that enjoyed the trust of its citizens.

 

Papandreou said that his talks with Barnier had referred to issues such as financial markets, derivatives and the effort to establish transparent procedures to avert speculators. They also discussed plans concerning credit rating agencies, where Greece indicated its support of the efforts being made by the Commissioner.

Their talks also covered issues concerning the real economy, green development, innovation and the social economy.

Barnier underlined the need for a recovery of the EU's internal market and gave assurances that nothing would be allowed to escape the oversight procedures that are being established by the G20 and supported by the 27 EU member-states, the European Commission and the European Parliament.

Barnier said that the Commission is completing the necessary preparation "for the transparency required in the operation of credit rating agencies". He also praised the reform efforts of the Greek government.

He underlined that the sacrifices being made by the Greek people were "necessary" in order for Greece to regain its position on the European scene.

"Greece has advantages, a significant position in the internal market and I believe that Greeks have every reason to feel confident about the efforts they are making," he said.