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

So it won't be a surprise when the Greek default actually happens and we expect it one way or the other to be relatively soon.

I think the gains to be achieved by a combination of reforms and labor market adjustments are going to be more permanent and will provide a basis for reducing unemployment and improving expert performance and sustaining growth in a way that is more sound and more permanent.

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.

More cuts were needed to avoid exiting the eurozone.

Greece is at a crucial crossroads. The choices that are made and the policies that are enforced will have a decisive impact on the wellbeing of Greeks. The way forward will not be easy but the problems can be solved, and will be solved, if there is unity, co-operation and consensus.

My job will not be easy but I am convinced the problems will be solved in a quicker and more efficient way if there is unity and consensus.