In Ancient Greece, Politics And The Market

I Will Always Be Upfront With The Greek People, So We Can Solve The Country's Problems Together.

First 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.

If We Were Going To Default, We Would Have Decided That Many Months Ago. It Would Be Wrong For The Greek Economy, It Would Be Wrong For The European Economy, It Would Make Things Worse In The End. That's Why We're Taking The Pain And Making These Structural Reforms, And We're On Target.

Politics Also Means Educating People. It's Important To Speak Openly With Our Fellow Greeks, To Tell Them What Our Problems Are And That We Have To Change Something.

But 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.