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

Dealing with Greece's problems will be more difficult if Greece is not a member of the eurozone.

The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the country's international competitiveness.

I think it's often discussed that leaving the Euro is an option for Greece. I think this is really not an option.

The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.

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.

Greece could default on its debts and even exit currency bloc if it cannot deliver reforms.