Greek - Politician | October 11, 1947 -
I think it's often discussed that leaving the Euro is an option for Greece. I think this is really not an option.
Lucas Papademos
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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.
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Our eurozone partners have made it clear: The choice is between staying in or getting out of the eurozone.
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I thank all of those deputies who supported the government and gave it a vote of confidence. I believe each of those votes represents a responsible decision to avoid placing our country's membership of the eurozone in danger.
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I take office during the most difficult moment in the country's recent history. The country can be saved - it's up to us. I think it is obvious for those who support this government to undertake the commitment and ensure that our country's euro membership is not endangered.
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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.
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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.
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Greece could default on its debts and even exit currency bloc if it cannot deliver reforms.
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I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth.
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We must all assume out responsibilities to take the country forward.
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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 export performance, and sustaining growth, in a way that is more sound and permanent.
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I think the facts reveal that the European partners have taken extraordinary measures to help Greece address its problems.
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