Samaras: Greece going through difficult times

Author: Gerry Davies | Category: News

Author: Gerry Davies

PM speaking with party members in Athens

  • Last chance to avert chaos, return to drachma
  • Beginning to change the image of Greece
  • Growth recovery depends on staying in euro
  • Pursuing state asset sales, structural reforms
  • Close to finalising EU11.5 bln budget package
  • Budget cuts are painful, unavoidable
  • EU11.5 bln package is the last such package
  • Greek to get tranche if proves sticking to pledge
  • Need to step up pace of state asset sales
  • Tax evasion, red tape must be tackled for growth
  • Europe can’t allow Greece to be achilles heel

Bloomberg reporting.