Countries are not like financial markets. Social change cannot be executed as swiftly as credit-default swaps. You cannot sell short on social commitments and practical responsibilities.
George PapandreouBut sovereign debt is a wider question not only in Europe but across the globe. While every country is a unique case, I think it's not an issue of countries acting on their own. We need a more coordinated strategy not only in Europe but around the world.
George PapandreouFirst 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 PapandreouI think there is a heritage which Iām proud of, which is a fight for democracy, a fight for social justice, a fight for freedom. My grandfather went to jail or exile six times in his life, fighting for his principles for democracy, or for his country. And my father twice.
George PapandreouWe have made major reforms in Greece. When I took over after a landslide victory we had a mandate for change and I knew my major focus would be re-organizing the state.
George Papandreou