First of all, Greece won't go down. We're talking about a country that is capable of making change. Europe will not allow the destabilization of the 27-country euro zone. But if there were no action, then markets would start becoming jittery about other countries - and not only Spain and Portugal, but other countries in the European Union.
George PapandreouMarkets are saying pretty much what I'm saying too: that Greece is doing what it can, but that Greece is not going to be able to carry the weight of all of Europe and the other problems that Europe has.
George PapandreouDespite the deep reforms we are making, traders and speculators have forced interest rates on Greek bonds to record highs.
George PapandreouMy hope is that we will turn Greece into maybe the most transparent country in the world with everything on the web.
George PapandreouGreece has given Europe the opportunity to fix a defect in the euro zone, that is the fact that we did not have a fiscal union. Now steps have been taken to begin that process. And there is more solidarity from nation to nation, and that is a good thing. That has been Greece's gift to Europe.
George Papandreou