Greece and Europe have the "political determination" to meet the challenges and overcome the present crisis, Greek foreign minister Stavros Lambrinidis told a round-table discussion on Wednesday evening in San Francisco, organised by Stanford University's Hoover Institution. The theme of the discussion was dealing with the economic crisis in Greece and Europe, and its impact on the global economic system.

Lambrinidis briefed the participants, including economists of the Institution and professors of economy from Stanford University, Rutgers University, the University of Warsaw, and several think tanks "on the efforts Greece is making and the significant results it has already achieved thanks to the sacrifices of the Greek people", as the foreign minister said.

Lambrinidis discussed with the other participants the "inconsistencies in the international economic system", in which the attitude of the markets created conditions of "self-fulfilling prophecies", and stressed that Greece and the Greek people, as well as Europe, have the political determination and the economic means to successfully meet the challenges and create the conditions so that Europe will exit the crisis stronger and more united, having the necessary tools to not allow a repeat of such a crisis in the future.

Earlier, Lambrinidis met with former US secretary of state Condoleezza Rice, with whom he discussed developments on the economic front in Europe, as well as the increased tension in the eastern Mediterranean region, Turkey's attitude towards the Republic of Cyprus and the destabilising effect this has on the wider region, particularly in the critical period of the Arab spring and developments in the Palestinian issue.

Before leaving for his return to Athens, Lambrinidis also met with Greek-American businessmen, investors, and researchers in the fields of technology, information technology, energy and transports.