In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate and adjustments resulted only in temporary gains of competitiveness.

More cuts were needed to avoid exiting the eurozone.

I think the funds that have been pledged at Euro Summit combined with the outcome of the private sector involvement process should be sufficient in order to support financially the Greek economy.

I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe.

Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.

Governments cannot assume or expect that the ECB will always facilitate their funding independently of the achievement of their fiscal and other policy objectives.

The new co-operation government will do the best it can to address the country's problems, and I believe that with the co-operation of all - and the new government stresses this - and the unity of all, we will achieve that.