Greek Could Use a Safety Society EU
Greece may use a safety net of the European Union (EU) and International Monetary Fund (IMF) if necessary. Greek Prime Minister George Papandreou said this during an interview with Vima, Greece newspaper.
“The question remains on whether this mechanism could ensure the market as a pistol on the table. This is the mechanism that already exists and can be used, “Papandreou said as quoted by AFP Sunday (11/4/2010).
Minister for Euro-zone finance ministers, European Central Bank (ECB) and European Commission will soon issue a proclamation use of this mechanism. The announcement is expected to be issued before the Greek Government Bond auctions conducted 8-12 month period valued at 1.2 billion euros.
When asked whether Greece could implement the requirements of the EU and the IMF and what if the Greeks were forced out of the Euro zone member, Papandreou said that “Greece can not blame the euro for the problems that it faces. Greece into the Euro Zone milli. If there is another scenario that is very silly, “he said.
About the attitude of Germany very reluctant to save Greece, Papandreou German attitude is fair rate. “Like all countries in Europe, Germany has an internal issue related to international crises.
“It is a kayalan if the trust if the solution of this problem can be solved outside or sacrificing all of the interests of Europe. German prosperity relies heavily on the welfare of its trading partners, namely all countries in Europe, “Papandreou added.