There is this concept of politics as a dirty game.

Despite the deep reforms we are making, traders and speculators have forced interest rates on Greek bonds to record highs.

We in Europe have great capacities.

I have been supporting the European Union, but we are still a work in progress. We have to become more of a United States of Europe. We should talk about electing a president of the E.U., rather than having one selected from the heads of government.

Unfortunately, corruption is widespread in government agencies and public enterprises.

Markets 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.

Europe is a strong market for the U.S. If it has problems, if there's a lack of consumer confidence, if there's a deeper recession, this will deeply affect jobs in the U.S.