If we were going to default, we would have decided that many months ago. It would be wrong for the Greek economy, it would be wrong for the European economy, it would make things worse in the end. That's why we're taking the pain and making these structural reforms, and we're on target.

People would say you look weak if you're not cursing the opposition and driving around in a big black car while always wearing a tie. Above all, to be 'strong' you're always supposed to be giving orders.

I would like to see Greece as a case study, an opportunity for Europe to strengthen its coordination of fiscal policy.

We Greeks want change. We know there are problems in our system. We have great potential but we need to manage our country well. Now that hasn't been done over the last decades. And that is, of course, what we are paying for.

I have a deep sense of responsibility to my country and Greek people.

Greece 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.

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.