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PM George Papandreou interviews at “El Pais” & “Al Jazeera”

Prime Minister Georges Papandreou was interviewed by the Spanish daily “El Pais” (May 23).

In a three page interview, the premier answered questions regarding the economic situation in Greece noting that the euro-zone has reached a tipping point which will bring it before an “historic reflection period.”
In the case of Greece, the international community did not react in a timely manner, it did not admit that the currency was under attack, and “there was the same fear as when a buffalo leaves the herd.”
Today, the country’s austerity plan is on the right track, but it is not enough if it is to be left without European support. For Papandreou, the support is necessary for all members so to act as deterrent of speculation. “Spain and Portugal were not in a bad situation yet they fell victims of the ambient hysteria.”
In related news, in an interview with Al Jazeera’s Barnaby Phillips  on May 20 in Athens, Papandreou said that Greece will eventually emerge from the crisis with a more viable economy, determined to say “never again.”   
(GREEK NEWS AGENDA)

PM George Papandreou at the White House

» Meeting with Obama

Prime Minister George Papandreou met with US President Barack Obama in Washington yesterday.
After the meeting Papandreou said that the US is willing to work with the European Union to regulate the international financial system so speculators cannot target countries with troubled economies.
The premier said  that the issue of speculation will be discussed at the G20 summit in Canada, in June. The two leaders also discussed foreign policy issues such as the Cyprus issue, the integration of Western Balkans into Euro-Atlantic institutions, as well as Greece’s relations with Turkey.

» Visa Waiver

Furthermore, the US side announced that Greece will be included in the ‘visa waiver’ programme, thus enabling Greek citizens to travel to the US without a visa.
Papandreou termed the visa waiver “a vote of confidence” to Greece and noted that the Greek government is determined to respond to its obligations and cooperate closely at international level on the tackling of terrorism.

Kathimerini daily: US joins fight against speculators
The White House: Honouring Greek Independence Day (21.35mins)

» Papandreou’s Op-ed

In an op-ed published in the International Herald Tribune (IHT), Papandreou notes that the Greek case is not an outlier, but one more flare-up in a broken system of financial regulation and predatory behaviour.
“If global economic growth is to be sustainable, we need better coordination and greater solidarity between nations… We must now establish and enforce clear rules to contain the inordinate power of markets over our national economies and our common currency – not for Greece’s sake, but for Europe’s,” he stresses.
Prime Minister’s website: Meeting with President Barack Obama: Prime Minister’s statement ; Brookings Institution: Prime Minister’s speech & YouTube: PM’s speech at Brookings Institution  
New York Times & International Herald Tribune: Prime Minister’s article “Greece is not an island“; Hellenic Finance Ministry: Newsletter Updating Greek Fiscal Measures  
(GREEK NEWS AGENDA)