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PM Papandreou on Berlin visit; meets with Chancellor Merkel
28 September, 2011

Prime Minister George Papandreou, speaking during a joint press conference with German Chancellor Angela Merkel in Berlin, yesterday, expressed Greece's strong political will to carry forward with very serious reforms as well as with the full implementation of the measures decided, in order to achieve the recovery of the Greek economy.
He also stressed that cooperation between Greece and Germany at bilateral as well as EU level is excellent adding that the consolidation and recovery of the Greek economy will also enhance support in Europe and the common currency.


On her part, Merkel said that "we want a strong Greece." "I understand that the Greek people have undertaken a huge burden and they are paying for things for which they may not be directly to responsible," adding that Greece must fulfill its commitments.

She also referred to an EC/ECB/IMF troika impending report, which will be the measure based on which the next moves will be decided.

"And we, on our part, will do everything in our power to respond and help Greece meet the requirements of the Troika," she noted.

  • Address to the annual BDI Conf’
Earlier, the PM had issued an open invitation to German industrialists and entrepreneurs to invest in Greece, addressing the annual conference of the BDI, the umbrella federation of German industry and industry-related service provider.

Papandreou, in an address titled Looking ahead: Europe’s Development and Solidarity, said that "investments in Greece are investments in the future" and outlined the significant steps that have been taken over the last two years to boost transparency and competitiveness in the Greek economy.

"Greece can succeed," Papandreou said, noting however, that "persistent criticisms leveled against Greece are deeply frustrating, […] also for the Greeks, who are making these painful sacrifices and difficult changes." "And you as businesspeople, you know that inspiration, innovation and motivation are important parts of success. If people feel only punishment and scorn, this crisis will not become an opportunity; it will become a lost cause. And we are determined; the Greek people are determined to make this a success."

Source: GREEK NEWS AGENDA issued by the Secretariat Genera

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