Papandreou at Conference on Progressive Governance in London

(GREEK NEWS AGENDA) Prime Minister George Papandreou arrived in London yesterday and will be participating today at a Conference on Progressive Governance, on “Jobs, industry and opportunity: growth strategies after the crisis.”
The premier will speak at a panel on the theme “Europe after the global crisis: A strategic role for government,” together with his British counterpart Gordon Brown, Spanish Prime Minister Jose Luis Rodriguez Zapatero and Norwegian Prime Minister Jens Stoltenberg. 
While in London, Papandreou will attend a working luncheon with the British Prime Minister Gordon Brown and will meet with British Foreign Minister David Miliband.

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PM George Papandreou at the World Economic Forum

(GREEK NEWS AGENDA) Speaking as part of a panel – that also included Spanish Prime Minister Jose Luis Zapatero and European Central Bank President Jean-Claude Trichet – at the annual World Economic Forum taking place in Davos, Switzerland (January 27 -31), Prime Minister George Papandreou said that Greece would not leave the euro area and would use the discipline of membership to slash its budget deficit and make long-delayed structural economic reforms. “The answer is very simple. We went [to the market] for borrowing two days ago and we were five times oversubscribed. We’re not looking for money from anywhere else…” said Papandreou. He outlined an ambitious goal to reduce the deficit by four points this year and bring it below 3% by 2012, through measures taken as part of Greece’s Stability and Growth Programme (SGP).  The premier held a meeting with EU Economic and Monetary Affairs Commissioner Joaquin Almunia yesterday, and the discussion focused on Greece’s SGP in light of the report that the European Commission will be submitting on February 3, on Greece.  European Commission President Jose Manuel Barroso – speaking in Brussels on Thursday – stressed the need for the greater coordination of economic policies in the EU, emphasising that economic policies are not only a national issue, but European as well. Referring to Greece specifically, he expressed the conviction that the Greek government must be supported in its effort to fulfil its commitments in the framework of the SGP.  See world reports – BBC.co.uk: Davos 2010: Greece denies a bail-out is needed; Reuters.com: Greece says being targeted as euro zone “weak link”